China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, was unchanged at 49.8 in October. The indicator has remained below 50 for three straight months since August, reflecting sluggish economic activities. While the PMI has stabilized, it is too early to confirm a bottoming out, says a research report by ANZ. […]
China’s Official PMI Unchanged At 49.8 In October comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.