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China's factory activity unexpectedly shrinks in July as demand sags
BEIJING: China's factory activity unexpectedly slipped into contraction in July, pressured by shrinking new orders that reinforced concerns over slowing economic growth, weak demand at home and elevated production costs.The official manufacturing purchasing managers' index (PMI) fell to 49.2 from 50.3 in
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caixinglobal.com
China Factory, Services Activity Shrinks on Extreme Weather, Weak Demand
The official composite PMI falls to its lowest since late 2022
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cnbc.com
China's factory activity unexpectedly contracts in July as export rush fades
China's factory activity unexpectedly contracted in July, as the export rush that powered a second-quarter rebound began to unwind.
