China September factory activity expands marginally as orders edge up - Caixin PMI

China September factory activity expands marginally as orders edge up - Caixin PMI
 

China's factory activity expanded in September as domestic and export orders picked up but the improvement was marginal and manufacturers continued to shed jobs, a private business survey showed on Friday.
The Caixin/Markit Manufacturing Purchasing Managers' index (PMI) rose to 50.1, in line with analysts' forecasts and slightly higher than August's no-change mark of 50.0, which separates expansion of activity from contraction on a monthly basis.
The reading has bounced around the neutral 50 level for the best part of five years, pointing to stubbornly sluggish demand.
Output expanded in... read more

 
30 September 2016 in Business, Views: 47
Source: Reuters
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