China has seen slow growth in August, with the official purchasing managers index (PMI) falling to 50.6 from the heights of March’s 50.9.

While the economy continues to grow with PMI results over 50, the slowing in growth went against market expectations.

SMEs are also showing signs of a decline in exports from economic slowdown, with a PMI survey index, sponsored by HSBC, showing a fall of 1.1 to a PMI of 50.5 for March.

The fall in the PMI suggests that Chinese companies are holding negative expectations for future growth.

The results suggest that even China has not remained exempt from the impact of recession throughout global markets, including Europe and the U.S.

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