{"id":109743,"date":"2025-08-31T12:43:09","date_gmt":"2025-08-31T12:43:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/109743\/"},"modified":"2025-08-31T12:43:09","modified_gmt":"2025-08-31T12:43:09","slug":"china-still-waiting-for-factory-activity-lift-off-as-us-wields-new-tech-curbs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/109743\/","title":{"rendered":"China still waiting for factory activity lift-off as US wields new tech curbs"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China reported sluggish factory activity in August, as fresh US tech curbs threatened to undermine Beijing\u2019s push into advanced manufacturing.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The National Bureau of Statistics said on Sunday that the official manufacturing purchasing managers\u2019 index (PMI) for August was 49.4, edging up from 49.3 in July.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The headline reading has remained below the 50-point mark that separates expansion from contraction since April, as strains persist in the industrial sector.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The non-manufacturing measure of activity in construction and services rose to 50.3 from 50.1 last month, according to the bureau.<\/p>\n<p><img decoding=\"async\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1o401188 css-1w1l3op e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/08\/clean_0.jpg\"\/><\/p>\n<p data-qa=\"SCMPYoutubeVideoPreview-PreviewDuration\" class=\"css-1vqvq42 e1o401181\">01:58<\/p>\n<p data-qa=\"SCMPYoutubeVideoPreview-PreviewTitle\" class=\"css-zasw6y e1o401182\">China GDP figures beat market forecasts despite looming US tariff risks<\/p>\n<p>China GDP figures beat market forecasts despite looming US tariff risks<\/p>\n<p>The data highlights the pressure on China\u2019s manufacturing sector, which is weighed down by weak domestic demand, and an ongoing crackdown on <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3319009\/china-urged-curb-neijuan-boosting-domestic-consumption-innovation-led-growth?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">cut-throat competition<\/a> and overcapacity.<\/p>\n","protected":false},"excerpt":{"rendered":"China reported sluggish factory activity in August, as fresh US tech curbs threatened to undermine Beijing\u2019s push into&hellip;\n","protected":false},"author":2,"featured_media":109744,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[4815,45,49,48,95,44261,10081,62138,62136,46,62134,62135,33706,20862,43111,17783,62012,62137,1689],"class_list":["post-109743","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-august","tag-business","tag-ca","tag-canada","tag-china","tag-chinas-economy","tag-consumer-confidence","tag-deflationary-pressures","tag-domestic-demand","tag-economy","tag-exports-to-the-us","tag-factory-activity","tag-flooding","tag-heavy-rain","tag-high-temperatures","tag-manufacturing-industry","tag-national-bureau-of-statistics","tag-tariff-truce","tag-trade-war"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/109743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=109743"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/109743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/109744"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=109743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=109743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=109743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}