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Poll shows Chinese business sentiment slides in Sept.

BEIJING
2015-09-22 16:26

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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.

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