Economics
Early Indicators Show China's Economy Weakening Again in August
- Trade partners, stocks show weakening demand and sentiment
- Positive signs seen in commodities, small firm credit
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The earliest indicators for China’s economy show that the pace of expansion slowed for a fourth month in August, highlighting the pressure for the government to push through pro-growth policies.
The data suggest the economy weakened further as demand from trading partners lost steam, with the decline in stock prices reflecting worsening sentiment. That’s according to a Bloomberg Economics gauge aggregating the earliest available indicators on business conditions and market sentiment.