{"id":18823,"date":"2025-07-31T01:52:49","date_gmt":"2025-07-31T01:52:49","guid":{"rendered":"https:\/\/finderica.com\/?p=18823"},"modified":"2025-07-31T01:52:49","modified_gmt":"2025-07-31T01:52:49","slug":"chinas-july-manufacturing-activity-contracts-more-than-expected","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=18823","title":{"rendered":"China&#8217;s July manufacturing activity contracts more than expected"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108143638\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Containers reflected in a puddle following a rainfall, at the Yantian port in Shenzhen, Guangdong province, China May 9, 2025. <\/p>\n<p>Tingshu Wang | Reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>BEIJING \u2014 China&#8217;s official gauge for manufacturing activity on Thursday pointed to a worse-than-expected contraction in July amid slower economic growth and ongoing U.S. trade tensions.<\/p>\n<p>The Manufacturing Purchasing Managers&#8217; Index for July was 49.3, missing expectations for 49.7 according to a Reuters poll.<\/p>\n<p>China&#8217;s official manufacturing PMI has been below the 50 mark, reflecting contraction rather than expansion, since April.<\/p>\n<p>U.S.-China tensions escalated in April with each side imposing tariffs of more than 100% on imports of goods from the other. The two sides agreed in May to roll back most of the additional duties for 90 days.<\/p>\n<p>The truce is set to expire in mid-August. Representatives from the world&#8217;s two largest economies ended a meeting in Stockholm this week without announcing an extension of the agreement, which had been widely expected.<\/p>\n<p>China&#8217;s exports rose by 5.8% year on year in June, more than offsetting a drop in exports to the U.S., customs data showed earlier this month.<\/p>\n<p>During a high-level Politburo meeting on Wednesday, China&#8217;s top leaders did not signal plans for substantial new stimulus, although the country has been ramping up subsidies to encourage people to have more children.<\/p>\n<p><em>\u2014CNBC&#8217;s Anniek Bao contributed to this report.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/07\/31\/chinas-july-manufacturing-activity-contracts-more-than-expected-fourth-straight-month-of-dec.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Containers reflected in a puddle following a rainfall, at the Yantian port in Shenzhen, Guangdong province, China May 9, 2025. Tingshu Wang | Reuters BEIJING \u2014 China&#8217;s official gauge for manufacturing activity on Thursday pointed to a worse-than-expected contraction in July amid slower economic growth and ongoing U.S. trade tensions. The Manufacturing Purchasing Managers&#8217; Index<\/p>\n","protected":false},"author":1,"featured_media":18824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[3993,2013,2485,914,5986,5402],"class_list":{"0":"post-18823","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-activity","9":"tag-chinas","10":"tag-contracts","11":"tag-expected","12":"tag-july","13":"tag-manufacturing"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/18823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18823"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/18823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/18824"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}