2014-02-04
China's Jan Official PMI Drops To 50.5
China’s official Purchasing Managers' Index (PMI) declined for the second consecutive month to 50.5 in January, a half percentage point drop compared with 51.0 in December, according to data released by China's National Bureau of Statistics. The gauge is inline with market expectations, and suggests that China's economic momentum continued to slow. "The decline…could be […]
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