"NEW YORK (CNNMoney.com) -- China's manufacturing sector is still growing, but the pace is starting to slow. That could set off some alarm bells in the financial markets about the state of the global economy.
The government-run China Federation of Logistics and Purchasing reported Sunday that the country's Purchasing Managers Index, or PMI, fell to 51.2 in July from 52.1 a month earlier. A PMI figure above 50 indicates growth in the manufacturing sector, but the July reading was a 17-month low."
Our Money Base topped last FEB/March
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