BEIJING—Factory activity in China is expected to have contracted for the fourth straight month in August, a Reuters poll showed, as the United States ratcheted up trade pressure and domestic demand remained sluggish.
The official Purchasing Managers’ Index (PMI) for August is expected to be unchanged at 49.7 from July, according to the median forecasts of 27 economists, but remain below the 50-point mark that separates expansion from contraction on a monthly basis.
