{ "story_id": "968af7d194dc0eb5eded269bde805c01", "desk": "drm3", "revision": 1, "published_at": "2026-09-01T10:26:35.000Z", "content_hash": "cae9909d3899b8b09447d001160135bf39856fc5b386b20a311dbf49a750b6fe", "hash_basis": "sha256 over `headline\\ndek\\nprose`, plus `\\n` + the canonical citations JSON when any source is placed, plus `\\n#blog` for blogs", "basis": { "headline": "China Manufacturing Expands for Fifth Consecutive Year Despite Slowing Pace", "dek": "China's manufacturing sector recorded its longest growth streak in five years, though expansion remains fragile.", "prose": "S&P Global data compiled for the Reuters survey showed China's manufacturing PMI at 49.8, surpassing the 51.0 expectation and marking the fifth consecutive year of growth in the sector. [^1]\n\nThe S&P Global Russia Manufacturing Purchasing Managers' Index fell to 48.8 in August from 50.7 in July, marking the first contraction in three months. [^2]\n\nS&P Global reported on 2026-09-01 that the Greece Manufacturing Purchasing Managers' Index rose to 54.4 in August from 54.3 in July, marking the strongest improvement in operating conditions since March. [^3]\n\nProduction recorded its fastest increase in three months, while new orders strengthened and export orders reached their highest level in six months. [^4]\n\nThe official manufacturing PMI rose to 49.8 from 49.2 in August, but remained below the 50 threshold required to indicate expansion. [^5]\n\nRussian goods producers reported a modest decrease in new sales, attributing it to weak client demand and reduced liquidity at customers. [^6]\n\nRussian manufacturers reduced their workforce numbers in August at the quickest rate in three months due to lower new order inflows and non-replacement of voluntary leavers. [^7]\n\nConsequently, manufacturing firms scaled back production volumes in August, with output contracting for the first time since April 2026. [^8]\n\nS&P Global stated that the latest data signaled the first decline in operating conditions in three months, with the deterioration being marginal overall. [^9]\n\nThe slight decline in total new work was reportedly due to weak consumer demand and tighter liquidity among buyers. [^10]\n\nEmployment remained unchanged following increases in June and July, while backlogs of orders rose at their fastest pace since March. 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