China’s manufacturing dips for second month

By Siobhan Lismore-Scott
Published: Monday, 05 August 2013

India activity stagnates, but China now in real trouble

China’s manufacturing industry slowed in July, the HSBC China Manufacturing Purchasing Manager Index (PMI) showed last week, as market conditions deteriorated and demand slackened.

“Anecdotal evidence indicated deteriorating market conditions, both domestically and internationally, had led to reduced client demand. Exporters reported that new sales to Europe, South...

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