China’s official July manufacturing PMI falls back into contraction at 49.2 with services also slipping below 50
Question
China’s official July manufacturing PMI falls back into contraction at 49.2 with services also slipping below 50
Direct answer
Weighs on Chinese equities such as the CSI 300, pressures CNH via USDCNH, and dampens sentiment in industrial commodities linked to Chinese demand, including copper futures.
- Original publisher
- Market Ontology
- Evidence through
- 2026-07-31
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “China’s official July manufacturing PMI falls back into contraction at 49.2 with services also slipping below 50”, revision 1, evidence through 2026-07-31. https://marketontology.com/market-events/2026-07-31/china-s-official-july-manufacturing-pmi-falls-back-into-contraction-at-49-2-with-e90ba4
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Sources
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