Tags: AS | China | Manufacturing

China's April Manufacturing Activity Weaker than Expected

Sunday, 01 May 2016 07:13 AM EDT

BEIJING (AP) — China's manufacturing activity was weaker than expected in April, according to a survey by an industry group.

The China Federation of Logistics and Purchasing says its purchasing managers' index declined to 50.1 in April from the previous month's 50.2 on a 100-point scale. Numbers above 50 indicate activity is expanding.

The federation cited analyst Zhang Liqun as saying that the index fell back but still showed activity expanding.

China's economic growth slowed in the first quarter to 6.7 percent, largely in line with expectations, but it's the slowest pace since the global financial crisis.

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Asia
China's manufacturing activity was weaker than expected in April, according to a survey by an industry group.The China Federation of Logistics and Purchasing says its purchasing managers' index declined to 50.1 in April from the previous month's 50.2 on a 100-point scale....
AS,China,Manufacturing
96
2016-13-01
Sunday, 01 May 2016 07:13 AM
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