Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
China's July PMI nudges up but numbers are still in contraction
Factories likely to feel heat from trade war for the rest of 2019; analysts call for further stimulus measures
The Caixin/IHS Markit Manufacturing PMI for July rose to 49.9 from 49.4 in June, remaining below the 50 mark dividing expansion from contraction.
PHOTO: REUTERS
Beijing
CHINA'S manufacturing sector showed tepid signs of a recovery in July as the government's proactive stimulus measures start to take effect on part of the economy, two surveys showed.
However, with the trade war entering its second year and showing no signs of abating,...
Please log in to continue reading.
