China’s PMI stays sluggish, but commodity imports are still robust
China's manufacturing activity turned in another soft performance in August, contracting for a fifth straight month, and adding to the view that the world's second-largest economy is struggling to reignite growth. But while the economic data has been weak, China's imports of most major commodities have been largely unaffected, and arrivals of key resources such as crude oil, iron ore and coal appear to have accelerated in August.You can read the full article at the link below. Excerpt from the news: www.reuters.com