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...