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Morning Bid: China optimism dissipates after weak data

Morning Bid: China optimism dissipates after weak data
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Marketmind: China optimism dissipates after weak data

The Caixin PMI showed on Tuesday that China's services activity in August expanded at the slowest pace in eight months, with sluggish demand continuing to dog the economy while stimulus has so far failed to meaningfully revive consumption. Investor attention fixed firmly on China's largest private property developer, Country Garden. Country Garden on Friday won approval from onshore creditors to extend a private bond worth 3.9 billion yuan ($536 million). ....

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MORNING BID EUROPE-China optimism dissipates after weak data

A look at the day ahead in European and global markets from
Ankur Banerjee

Investor sentiment on China remains fragile, with Monday s
wave of optimism. ....

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