You are here

China's manufacturing weakens in July

Analysts expect further measures to support the economy in the form of credit easing and investment

The government is steering the economy from export and heavy industry-led growth to a more sustainable model with technology and services to play a bigger role.


BOTH of China's manufacturing Purchasing Managers' Index underperformed last month, suggesting a weak start to the third quarter as the world's second-largest economy suffers from both weak external and domestic demand and the government struggles to stabilise the volatile equity