China's manufacturing activity slows in January


BEIJING (Xinhua): The purchasing managers' index (PMI) for China's manufacturing sector came in at 51.3 in January, edging down 0.6 percentage points from December, data from the National Bureau of Statistics showed Sunday (Jan 31)

A reading above 50 indicates expansion, while a reading below reflects contraction. The PMI remained in expansion zone for the 11th consecutive month.

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