China’s manufacturing hitting eight-month low


Adam Rose
Reuters
February 27, 2014

China’s factory activity likely expanded only slightly in February, a Reuters poll showed, dropping to an eight-month low that would indicate a modest slowdown is continuing.

China’s official manufacturing purchasing managers’ index (PMI) may slip to 50.1, down from January’s 50.5, according to the median forecast of 12 economists in the poll.

A reading above 50 indicates expanding activity while one below that level points to a contraction.

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