China manufacturing activity shrinks at fastest in 4 years – govt

Manufacturing activity in China shrank at its fastest rate in four years in February, government data showed Tuesday, a fresh sign of sustained weakness in the world’s second-largest economy. The official Purchasing Managers’ Index (PMI), which tracks activity in factories and workshops, fell to 49.0 last month, figures from the National Bureau of Statistics (NBS) … Continue reading China manufacturing activity shrinks at fastest in 4 years – govt