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flag China's manufacturing sector contracts for third month, facing U.S. tariffs and price wars.

flag China's manufacturing activity has contracted for a third straight month in June, with the official PMI slightly improving to 49.7 but remaining below the 50 threshold indicating contraction. flag Non-manufacturing PMI rose to 50.5, showing some improvement in services and construction. flag Despite efforts to stimulate the economy, manufacturers face challenges from price wars, a supply glut, and higher U.S. tariffs, leading to a drop in exports to the U.S.

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