MNI China July Flash Business Indicator Falls to 49.63 from 53.21 in June

Beijing - 20 July 2012

Chinese businesses conditions deteriorated in July with the Flash MNI China Business Sentiment Indicator and

key subindicators either slipping into or remaining in contraction.

The flash overall current conditions indicator fell to 49.63 in July -- showing business contracted during the month -- from 53.21 in

the final June survey.

The flash survey is based on around 80% of the responses gathered for the official survey release on the last Friday of every

month. The flash survey is released exactly one week ahead of the official survey and is designed to give a preliminary reading of

Chinese business sentiment every month. The main MNI China Business Sentiment Survey is released at 0935 Beijing time

(0135 GMT) on the last Friday of every month.

The complete survey contains 12 indicators for current conditions, plus a further 12 questions concerning expectations for

conditions in three months.

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