China Factory Activity Loses Momentum, Signaling Possible Economic Slowdown - News Summed Up

China Factory Activity Loses Momentum, Signaling Possible Economic Slowdown


BEIJING—A gauge of China’s manufacturing activity fell more than expected in July, offering a sign of an anticipated slowdown in the world’s second-largest economy after a strong start to the year. China’s official manufacturing purchasing-managers’ index fell to 51.4 in July from 51.7 in June, according to data released by the National Bureau of Statistics on Monday. The July reading fell below a median forecast of 51.6 from a Wall...


Source: Wall Street Journal July 31, 2017 03:45 UTC



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