CHINA’s manufacturing activity unexpectedly decreased in April, official data shows, reports Tokyo’s Nikkei Asia. The official manufacturing purchasing managers’ index (PMI) declined to 49.2 from 51.9 in March, according to data from the National Bureau of Statistics. The 50-point marks the border between expansion and contraction on a monthly basis. That missed expectations of 51.4 tipped by economists in a Reuters poll and marked the first contraction since December, when the official...
https://www.seanews.com.tr/china-manufacturing-pmi-shrinks-unexpectedly-in-april-to-49-2/196727/