The MNI China Business Sentiment indicator has jumped17% in August
- Confidence among executives at China's largest companies now to one-year high
- Now back into expansion to 57.1 in August (was 48.8 in July)
MNI add:
- Implies the fall in July was driven by temporary factors related to stock market volatility, and not a tangible lull in activity
- Sentiment has been increasing since May