China: Manufacturing growth slows

Wednesday 13 Feb 2019

Manufacturing growth slowed in China for the first time in two years in November and December 2018. The Purchasing Managers' Index (PMI), released by the National Bureau of Statistics (NBS), was below analysts’ expectations.

An index reading below 50 indicates a contraction. The NBS reported that there were signs of weakness in new orders from domestic and overseas buyers.

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