China NBS data: among 41 major sectors in July, 25 showed YoY gains. Notable YoY
changes — coal mining and washing -10.8%; oil & gas extraction +6.1%;
agricultural and food processing +3.8%; beverages and refined tea +2.6%;
textiles +2.3%; chemical raw materials and chemical products -1.2%; non-metallic
mineral products -3.3%; ferrous metal smelting & rolling +0.3%; non-ferrous
smelting & rolling -2.5%; general equipment manufacturing +9.5%; special
equipment +12.6%; automobile manufacturing +8.7%; rail/ship/aerospace & other
transport equipment +13.6%; electrical machinery & apparatus +8.8%; computer,
communications & other electronic equipment +19.1%; power and heat production &
supply +5.3%.