2/28, 9:14 AM (Source: TeleTrader)
more TeleTrader news

China's manufacturing activity expands in February

China's manufacturing activity expanded at a slower pace in February compared to the prior month, with the Purchasing Manager's Index (PMI) slipping from 51.3 to 50.6, the country's National Bureau of Statistics showed on Sunday.

The new export orders index dropped into contraction territory, from 50.2 in January to 48.8 in February. The indicator for activity among small firms was down to 48.3, while the employment's landed at 48.3.

The PMI for the non-manufacturing sector came in at 51.4.

Breaking the News / MD