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More Signs Of Slowing Growth From China

|Includes: CNY, WisdomTree Chinese Yuan ETF (CYB), DSUM, FXCH, RMB

Although a recent positive trend has developed in the property market as the buying activity of developers has slowly picked up, other areas of activity in the Chinese economy have continued to slow.

Take, for example, the China Services Purchasing Managers' Index, which measures services industry activity in China. Just today, it was announced that the index fell to a three-month low of 50.6 in June from 51.9. The index also indicated, according to MarketWatch, "new work at a 10-month low."