China’s Manufacturing Sector Shows Marginal Expansion in January – ValueWalk Premium

China’s Manufacturing Sector Shows Marginal Expansion in January

Amid sluggish exports and fears of recession in Europe, Chinese manufacturing showed signs of improvement in January, as new orders rose to a three month high. The official Purchasing Manager’s Index (PMI) stood at 50.5 in January, up from 50.3 recorded in December, which was higher than the economists’ forecast of 49.5. A reading above 50 indicates expansion in manufacturing activity . . .


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