Dan McClory of Burnham Securities Inc, on China’s economy

Global Business

Chinaecoguest1

Despite the bloodshed in the equity market, the real economy of China is showing signs of improving. An official survey shows China’s manufacturing activities expanded slightly in June.

Meanwhile, growth in the services sector also sped up, according to the latest purchasing manager index. For more on China’s economy, CCTV America’s Michelle Makori spoke to Dan McClory, Managing Director with Banking at Burnham Securities Inc.

Dan McClory of Burnham Securities Inc on China economy

Dan McClory of Burnham Securities Inc on China economy

Despite the bloodshed in the equity market, the real economy of China is showing signs of improving. An official survey shows China's manufacturing activities expand slightly in June. Meanwhile, growth in the services sector also sped up, according to the latest purchasing manager index. For more on China economy, CCTV's Michelle Makori spoke to Dan McClory, Managing Director with Banking at Burnham Securities Inc.