Tag "China’s economic growth"

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China’s manufacturing activity continues to dwindle

With Purchasing Manager’s Index (PMI) falling from 48.2 in June to 47.7 in July, China is witnessing its 11-month low manufacturing activity. The PMI is a key indicator of manufacturing activity and a reading below 50 shows contraction. This comes

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Further Policy Easing Needed for China’s Growth?

China’s Premier Wen Jiabo has warned that China’s economy is under pressure and that its economic problems may take some time to be resolved Premier Jiabo’s comments come amid worries of a sharp slowdown in China’s economy. The world’s second

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