The Chinese industry grew only slightly in July. This was shown on Monday by figures from Markit Economics.
The industry index fell from 51.3 in June to 50.3 in July. This is the lowest level in 15 months and only indicates growth. This weekend, the Chinese government set its own measurement for the Industrial index at 50.4, compared to 50.9 in June, a growth slowdown that has continued for four months.
An index position greater than 50 indicates growth, while less than 50 means contraction.