China Computer Economy education Electronics Expansion Export Exports Factory Investment Logistics Manufacturing National Day railroad Statistics
China’s manufacturing sector slipped back into contraction in October, underscoring the strain from weak domestic demand and softer export momentum. A government survey released Saturday showed factory activity shrinking for the third time in four months. The official manufacturing purchasing managers’ index fell to 49.3 in October from 50.1 in September, according to the National Bureau of Statistics. The reading was below the 50.0 forecast in a Reuters poll, though the first month of a quarter is typically the weakest. Economists said the data pointed to mounting pressure on growth, particularly as exports show signs of losing some of the…
News Timeline:
Track the development of this news story across the Internet.