Sentiment in the Chinese business community from the MNI was 55.5, higher than the previous value of 54.5
The indicator of business sentiment in China from by MNI, whose data are based on a monthly survey of Chinese business leaders, monitors and forecasts economic conditions in China, and provides important information before official government data. Companies that participated in the study, registered in the domestic stock market or in Hong Kong, although some of them also have a foreign registration. The research group consists of about 75% of manufacturing companies and 25% – non-manufacturing.
According to MNI the sentiment indicator in July increased with the improvement in new orders and the availability of credit.
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