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China's factory activity lags, stimulus hopes waver

The situation is weighing on mining shares

Nathan Richardson
The Caixin China General Manufacturing PMI moved to contraction of 49.2 in July after showing growth of 50.5 in June.

The Caixin China General Manufacturing PMI moved to contraction of 49.2 in July after showing growth of 50.5 in June.

The official manufacturing PMI for July was 49.3, which slowed from the June contraction of 49, and beat widely held expectations of 48.9. The Caixin China General Manufacturing PMI moved to contraction...

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