CHINA’s economy has showed further signs of sluggish momentum as factory activity slowed, increasing pressure on leader Xi Jinping to do more to boost growth days before Beijing opens its annual flagship political event, reports London’s Financial Times. The country’s official manufacturing purchasing managers’ index stood at 49.1 for February, slipping from a reading of 49.2 in January and in line with a Reuters analyst forecast. A reading below 50 marks a contraction from the previous month....
https://www.seanews.com.tr/chinese-manufacturing-activity-pmi-slips-a-basis-point/199872/