HONG KONG - China's manufacturing activity expanded in June for the first time this year as the effects of Beijing's mini-stimulus on the world's second-largest economy gradually kick in, HSBC said on Monday.
A worker walks past a machine at a clothing factory in Bozhou, east China's Anhui province, on May 22, 2014
The bank said in a statement that its preliminary purchasing managers index (PMI), which tracks activity in China's factories and workshops, came in at 50.8 this month, this highest since November's identical figure.
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