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The official PMI came in below 50 in August, the lowest in 9 months, raising concerns that the policies implemented so far have failed to arrest a cyclical economic downturn

China will continue to invest in Europe's government debt markets, including buying euro debt and investment in European Financial Stability Fund.

China's cabinet called for higher priority for stabilizing growth while warning of persistent headwinds ahead

The government will also "steadily" advance trial programs to reform the property tax, which has been so far enacted in municipalities of Shanghai and Chongqing

Profits of industrial companies in China fell 2.7 percent in the first seven months from the same period of last year, and dropped 5.4 percent year-on-year in July only

Overall, Chinese investments accounted only less than 1 percent of total US FDI, and has sufficient room to develope.

The flash PMI reading was 47.8 compared with a three-month high of 49.3 it saw in last month

Chinese clothing companies are moving off the Pearl River Delta (PRD) in south China's Guangdong Province with decreasing orders and piled-up inventories

China needs, in particular, to implement structural tax reforms, including an expansion of a pilot conversion from value-added tax to business tax

Exports to the European Union, China's largest trade partner, fell 3.6 percent so far this year

China remained as the largest holder of U.S. Treasuries in June, after it slightly increased U.S. debt holdings by 300 million U.S. dollars

China has attracted 66.7 billion U.S. dollars in foreign direct investment in the first seven months, down 3.6 percent from the same period a year ago

China's economy is likely to grow 8.0 percent in 2012 and 8.6 percent in 2013, compared with a previous forecast of 8.5 percent and 9.0 percent, respectively

China’s lower-than-expected economic data in July and falling inflation pressure are offering more room for easing policies to stabilize economic growth in a wide-expected downturn

Exports grew 1 percent to 176.9 billion U.S. dollars in July, down from June's 11.3 percent and market expectations of 8.0 percent, while imports rose 4.7 percent to 151.8 billion U.S. dollars

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