The official composite PMI falls to its lowest since late 2022
An official survey shows China's factory activity slowed in July, the first time it has contracted in in five months.
China's factory activity in July saw an unexpected contraction, driven by slumping domestic orders and typhoon disruptions, marking the first decline since February.
China's factory activity slumped in July, official data showed on July 31, as leaders in the world's second-largest economy struggle to reignite domestic demand.
Beijing faces renewed pressure to ramp up support as PMI falls to 49.2, a day after leadership signalled it would accelerate fiscal spending.
China's factory activity unexpectedly contracted for the first time in five months, signalling a slowdown in economic momentum and increased economic weakness. Read more at straitstimes.com. Read more at…
BEIJING: China's factory activity unexpectedly slipped into contraction in July, pressured by shrinking new orders that reinforced concerns over slowing economic growth, weak…
China's factory activity unexpectedly contracted for the first time in five months, signalling a slowdown in economic momentum and increased economic weakness. Read more at…
BEIJING, July 31 — China’s factory activity slowed in July, official data showed Friday, as leaders in the world’s second-largest economy struggle to reignite domestic...
China's factory activity unexpectedly slid in July, official data showed Friday, as leaders in the world's second-largest economy struggle to reignite domestic demand.
China's manufacturing activity unexpectedly slipped into contraction during July. The official manufacturing Purchasing Managers' Index fell below 50 for the first time.…