Workers install the chassis along a production line at a truck factory of Anhui Jianghuai Automobile Co. Ltd (JAC Motors) in Hefei, Anhui province May 5, 2014. Growth at China’s big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump. The official Purchasing Managers’ Index (PMI) stood at 50.0 in July, compared to the previous month’s 50.2. The 50-point mark separates growth from contraction on a monthly basis. Analysts polled by Reuters had predicted another tepid reading of 50.2, pointing to expansion, albeit a sluggish one. However, both export and domestic orders shrank for the large firms covered by the survey, and in response they continued to cut jobs. It did not mention any impact from a savage 30 percent drop […]