Business sentiment among executives at China's largest companies pulled back in September, according to results of a private survey.
The MNI China Business Sentiment Indicator, a gauge of current business sentiment, fell to 51.3 in September from a revised 56.0 in August. A sub-index for future expectations dropped to 52.1 in September, the lowest since the survey began in 2007.
MNI China Business Sentiment is a monthly poll of Chinese business executives at around 200 companies listed on either the Shanghai or Shenzhen stock exchanges. A reading above 50 shows expansion, while a reading below 50 indicates contraction.