Chinese manufacturing seems to be contracting
Genevieve Signoret
15 February 2015
Activity: Businesses
The official China Purchasing Manager Index (PMI) moved into contraction zone in January. Last month the NBS PMI was at 49.8, down from 50.1 in December. Last week’s China Markit PMI came in below the contraction threshold for the second consecutive month.
China’s manufacturing PMIs have been trending down since September 2014.
China manufacturing seems to be contracting
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