China’s manufacturing and non-manufacturing activities expanded at a slower pace in April, indicating a cooling in economic activity in the first month of the second quarter.
China's official manufacturing purchasing managers’ index (PMI) fell to 51.1 in April from 51.9 in March, according to data released by the National Bureau of Statistics (NBS) on Friday. That's below expectations, with analysts having predicted a slight drop to 51.8.
A . . .
To continue reading, please subscribe. What will you get?
- ORIGINAL, DATA-DRIVEN & IN-DEPTH STORIES
- THE WIRE - Walk you through every trading day in mainland China and Hong Kong.
Real-time experience - Up-to-the-minute updates of market-moving news and views.
All-in-one platform - Information collected via a network of journalists, traders, brokers, analysts, etc. and from multiple credible news outlets in mainland China.
Details - General information is everywhere, but information with details is rare.
- WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.
Already have an account? Sign In