China’s manufacturing activity stalled in January as economic headwinds mount

Source: China – South China Morning PostExpansion of China’s factory activities slowed in January, data released on Sunday showed.The official manufacturing purchasing managers’ index (PMI) fell to 50.1 in January, from 50.3 in December, data from the National Bureau of Statistics showed.The figure was slightly above the median forecast of a Bloomberg survey of analysts, which had predicted a slight fall to 50.0. A reading above 50 indicates production expansion while a reading below indicates contraction.Within the official…Read More

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