Growth in India's manufacturing sector cooled to its slowest in 22 months in October.
The renminbi is expected to weaken another 2 per cent in six months.
Services companies continued to raise prices, though the rate of change was the weakest since April
Services sector slowed down in May on weak economic factors.
The index monitoring new business fell to a six-month low of 51.6 from March's 53.5, prompting some firms to cut jobs.
The HSBC Services Purchasing Managers' Index eased to 53.0 in March from February's eight-month high of 53.9.
Indian factory growth likely slowed in Jan, inflation to stay muted.
Industrial production was seen growing 1.8 per cent from a year earlier in July, slower than June's 3.4 per cent increase, according to the median consensus in a poll of 31 economists.
Factory output in June likely rose 5.4 per cent from a year earlier, faster than the 4.7 per cent growth in May, according to a poll of 27 economists.
Industrial ouput, however, was seen falling 0.6 per cent in January
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