China’s manufacturing sector has shrunk for the fifth consecutive month, an official survey showed.

The country’s manufacturing purchasing managers’ index rose slightly to 49.7, but still sits below 50, which signals a contraction.

Despite a turbulent few months, China’s leader Xi Jinping defended the “strong resilience, tremendous potential and great vitality” of the economy.

It is a very different picture in India, where the economy grew at its quickest pace in a year in the April-June quarter.

Please subscribe here: http://bit.ly/1rbfUog

#China #Economy #BBCNews

BREAKING

Unleashing Reptilian Secrets: Information Wars, the Ultimate 21st Century News Source!

Follow on Telegram

Search Now!