• 11/26/2024

China’s economic recovery continues to lose momentum as manufacturing activity contracts for fourth straight month in July

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s official manufacturing purchasing managers’ index (PMI) rose to 49.3 in July from 49 in June, while the non-manufacturing gauge fell to 51.5 from 53.2, data released on Monday showed.

https://www.scmp.com/economy/economic-indicators/article/3229436/chinas-manufacturing-activity-contracts-fourth-straight-month-july-despite-uptick?utm_source=rss_feed