According to Bloomberg, there are signs of further weakening of Chinese economy in August. This tendency is observed four months already and can make government to speed up introduction of economy stimulating measures.

Gauge Bloomberg Economics, following after early indicators of business conditions and market sentiments, says about reduction in demand on behalf of country’s trade partners.

Amid growing concern about trade war, the government is going to take steps to stimulate new infrastructure construction, credits to small firms as well as introduce tax cuts. However, before these measures take effect, some time will pass. And during this time Chinese economy will continue slowing down, experts predict.

First official data for August will be issued on Friday, however, economists surveyed by Bloomberg estimate decline in PMI for manufacturing and non-manufacturing sectors.

Stock market sentiment was reflected in decline of Shanghai Composite index by 5,1% this month.