China's factory activity likely slows again amid weak demand, trade tensions: Reuters poll [Yahoo! Finance]
MALAYAN BKNG BERHAD S/ADR (MLYBY)
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Source: Yahoo! Finance
world's second-largest economy to fend off a sharp slowdown as a U.S. trade deal remains distant. The survey of 32 economists forecast the official purchasing managers' index (PMI) would edge up to 49.6 from August's 49.4, remaining below the 50-point threshold that separates growth from contraction. The data is due on Tuesday. The prolonged slump underlines the twin pressures on China's economy: domestic demand has failed to mount a durable recovery in the years since the pandemic while U.S. President Donald Trump 's tariffs have squeezed Chinese factories as well as overseas firms that buy components for finished goods. Malaysia's Maybank Investment Bank returned the highest poll reading of 50.0, indicating no change, while Pantheon Macroeconomics gave the lowest forecast of 49.0. Policymakers rolled out a series of consumer loan subsidies in mid-August, a decision vindicated by separate factory output and retail sales data for the month, which saw their weakest growth in 12
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