Hong Kong Private Sector Activity Contracts in August
Trading Economics·- The S&P Global Hong Kong SAR PMI dropped to 49.5 in August 2026, signaling a renewed deterioration in the private sector business environment after three months of expansion. - Output, new orders, and employment all contracted or declined due to rising prices, domestic and global demand weakness, and idle capacity. - Business confidence weakened further as firms grew more pessimistic about the one-year outlook amid domestic economic conditions, US tariffs, and geopolitical uncertainties.China orders military supply chain checks in self-reliance push
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