Business Bites: Is China's economy slowing down?

Newly released figures suggest that there has been a slowdown in the Chinese economy.

The HSBC Purchasing Managers Index, the earliest monthly economic indicator of China's industrial activity, fell to a seven-month low of 48.1 in June.

New export orders are also at a three year low.

Earlier this month China's commerce minister said the nation faces a severe trade situation this year.

The BBC's Aaron Heslehurst discusses the key financial story of the day.