https://www.taxtmi.com/news?id=74061 Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports. en-us Fri, 31 Jul 2026 10:01:03 +0530 Fri, 31 Jul 2026 10:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74061 Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports. News - Fri, 31 Jul 2026 10:01:03 +0530 https://www.taxtmi.com/news?id=74061