China's August manufacturing activity falls for fourth month
BEIJING - China's manufacturing activity in August shrank for a fourth straight month, an official factory survey showed on Saturday, raising expectations the government will direct more stimulus to households and less to infrastructure projects.
The official purchasing managers' index fell to 49.1 in August from 49.4 in July, below the 50-mark separating growth from contraction and missing a median forecast of 49.5 in a Reuters poll.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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