The official gauge of China’s manufacturing exercise edged up in August however remained in contraction for the fifth straight month, pointing to continued weak spot on the planet’s second-largest economic system.
China’s official manufacturing buying managers’ index rose to 49.7 in August from 49.3 in July, the National Bureau of Statistics stated Thursday. A studying above 50 signifies an enlargement in exercise whereas a studying beneath that degree signifies a contraction.
The…
Source web site: www.marketwatch.com
