Tag: China Index Academy

• Wednesday, December 3rd 2014 - 08:32 UTC

  China's factory activity falls faster than expected as the economy keeps cooling

  

  China's factory activity slowed by more than expected in November, highlighting how a cooling economy is impacting its vast manufacturing sector. The official purchasing managers' index (PMI) dipped to 50.3 in November from October's 50.8, closer to the 50 point mark that separates growth from contraction. It was below the 50.6 level expected by economists.