Surveys reveal slowdown in Chinese manufacturing activity
There is evidence today that China’s economy is cooling after two official independent surveys revealed a slowdown in manufacturing activity.The HSBC China Manufacturing purchasing managers index (PMI), fell from 52.7 in May to 50.4 in June.While the index experienced a drop, it is still just above the crucial 50 mark, which means the sector is [...]
Surveys reveal slowdown in Chinese manufacturing activity
