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- China's manufacturing sector contracted in July, multiple indexes showed.
- Beijing is also grappling with deflationary pressures and stagnant growth.
- Policymakers have hinted at an economic boost – but are yet to roll out a stimulus package.
China is still waiting for a so-called "big bang" fiscal stimulus package, with policymakers offering vague hints but yet to bring in concrete measures to fix the country's faltering economy.
Official government data released Monday signaled that the country's factories are producing less, with manufacturing activity falling for a fourth month in a row.