Press "Enter" to skip to content

China’s factory activity shrank for third straight month, production gauge hit 10 year low

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

China's manufacturing activity shrank for the third straight month in February, with its official manufacturing gauge falling to a three-year low, highlighting persistently weak demand at home and abroad.

The official Purchasing Manager's Index (PMI) fell to 49.2 in February, data showed on Thursday, the weakest level since February 2016. That's compared to 49.5 in the previous month and 49.4 expected by analysts.

The 50-point index mark separates expansion from contraction on . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting on China's economy and financial markets 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
  • Daily Brief newsletters to get you prepared for every trading day

 

Free Trial + Christmas Offer!

Christmas Offer

 

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

 

Top