China HSBC PMI dips to 11-month low; official figure picks up

China’s factory activity shrank for a third straight month in July to its lowest level in nearly a year as new orders fell, a private survey showed on Thursday, signalling the persistent pressure on the economy has extended into the third quarter.

via Business feed http://www.scmp.com/business/economy/article/1293519/china-hsbc-pmi-dips-11-month-low-official-figure-picks