China July Manufacture Activity Contracts hires more than expected

Beijing – official width for Chinese manufacturing activity Thursday was worse in July in July, Economic growth in July and continuously US commercial tensions.

The July Manufacturing Buyer Managers Index was 49.3, with the missing expectations of 49.7 according to Reuters survey.

The official manufacture of Chinese has been below PMI 50 brand, rather than expansion, reflect the contraction, From April to.

US-Chinese strains scaled in April in imports of goods that impose rates above 100%. Both sides agreed in May to return to a more duty for 90 days.

The truce will expire in mid-August. Representatives of the two largest economies in the world took place in a meeting in Stockholm this week Without notifying the extension of the agreementa lot expected.

In Manufacturing PMI, sub-indices showed employment, new demands and raw material inventories were also contracted in July. The job index is marked up to 48, from 47.9 in June.

National Statistics Office Manufacturing PMI was attributed to decline In July, regular seasons and traditional factors, such as extreme heat and rain torrential in the country.

In one of the last cases of extreme weather, at least 30 people died this week since the city’s largest red alert is given the largest red alert in Beijing.

China’s Exports rose by 5.8% in JuneMore than unlocking export drop to the US, the customs data that appeared earlier this month.

In a high-level policy meeting on Wednesday, Chinese leaders did not believe in new stimuli, even the country has encouraged people to encourage people to be more children.

– CNBC Annie Bao helped this report.