Tags: AS | China | Manufacturing

China Factory Activity Eases, Service Sector gains in April

Sunday, 29 April 2018 10:37 PM EDT

HONG KONG (AP) — China's factory activity slipped by a fraction on slightly softer demand, a monthly survey released Monday showed.

The official purchasing managers' index came in at 51.4 for April, easing from 51.5 in the previous month but still above the 50-point mark that separates expansion from contraction on the index's 100-point scale.

The latest numbers come as trade tensions between China and the U.S. remain elevated, with potential implications for China's sprawling export-oriented manufacturing sector.

The China Federation of Logistics & Purchasing's survey found that factory output held steady but new orders and new export orders weakened for the month, indicating waning demand.

"Imports and exports continued to maintain growth, (but) the growth rate has slowed down," said Zhao Qinghe, senior statistician at the National Bureau of Statistics, which released the data on its website.

Activity in the rest of China's economy also held up fairly well, with further growth in the services sector, which is playing an increasingly important role as communist leaders in Beijing pivot the country away from its industrial roots. The group's non-manufacturing purchasing managers' index rose to 54.8 from 54.6 in March.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
China's factory activity slipped by a fraction on slightly softer demand, a monthly survey released Monday showed.The official purchasing managers' index came in at 51.4 for April, easing from 51.5 in the previous month but still above the 50-point mark that separates...
AS,China,Manufacturing
189
2018-37-29
Sunday, 29 April 2018 10:37 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved