China Factory Activity Expands; Services Output Surges

From Bloomberg Markets and Finance.

Dan Wang, chief economist at Hang Seng Bank, China, discusses the outlook for the world’s second-largest economy, which showed further signs of improvement in June. The official manufacturing purchasing managers index rose to 50.2 from 49.6 in May. The non-manufacturing gauge, which measures activity in the construction and services sectors, climbed to 54.7, the highest in more than a year. Wang speaks on "Bloomberg Markets: China Open."