China’s manufacturing PMI at 49.1 in August Dtrends
BEIJING: The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49.1 in August, official data showed Saturday. The reading edged down from 49.4 the previous month, amid the continuous impact of heat wave and rainstorms on the country’s manufacturing activity, said Zhao Qinghe, senior statistician of the National Bureau of Statistics (NBS). … Read more