Small Business: China's SMEs confidence slipped, recovery showed signs of weakness in July
Synopsis Confidence among SMEs slipped in July with both the “current performance” and “expectations” sub-indexes moving lower, suggesting that SMEs’ underlying momentum turned weaker entering the third quarter. iStock The services industry continued to recover, with both performance and the profitability outlook improving. China’s economy continued its stable pace of recovery in July, though there were some signs of weakness as property sales slumped, small business confidence slipped and the stock market fell. That’s the outlook from Bloomberg’s aggregate index of eight earl...
Source: indiatimes.com