The manufacturing activity in China has missed expectations. The PMI has risen for seven consecutive months but fell from 51.7 to 51.1 in August.The figure of the PMI is the measure of the sectors health. Therefore,these weaker-than-expected numbers suggested that there is a downward pressure on the economy as the manufacturing field is important in China. Now Chinas economic recovery was being stunted by problems in property sector and the countrys economy is lacking of stimulus.This downward growth brings a number of downside risks to the country ,so i think it needs an effective policy to ensure a sterady growth in manufacturing in the second half year. F5A Candy Choi bbc/news/business-29008627
Posted on: Mon, 01 Sep 2014 13:06:42 +0000
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