Market View: China’s PMI dips below 50 - should markets be concerned?

China’s manufacturing PMI drops to 49.0, signaling contraction, while the services sector shows signs of slowing. With Chinese banks reporting weaker earnings and narrowing net interest margins, concerns over economic growth and potential stimulus measures mount. Meanwhile, some of the Magnificent Seven tech giants are set to report earnings, with analysts forecasting strong growth despite trade tensions.  On Market View, Alexandra Parada speaks to Jeff Ng, Head of Asia Macro Strategy at Sumitomo Mitsui Banking Corporation, to find out more.See omnystudio.com/listener for privacy information.