China's manufacturers fell in July, the biggest drop for 15 months, with lower output and fewer new orders, according to a private survey on July 24, 2015. The flash Caixin China Manufacturing Purchasing Managers' Index (PMI) retreated from 49.4 in June to 48.2 in July, the lowest since April in 2014. A reading above 50 indicates expansion, while a reading below that represents contraction. (CNS photo/Zhang Hao)
