China’s Official PMI Drops To 49 In February

China’s February official manufacturing PMI was disappointing, with the headline index declining to 49.0 from 49.4 in January in the seventh consecutive month that the manufacturing PMI came in below the benchmark level of 50. Despite the uptick in new export orders, sub-indicators suggest that both domestic and external demands were soft as they remained […]

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Read the original article: China Money Network