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Mar
Mar
China’s February Caixin PMI Indicates Sluggish Manufacturing Growth
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Senior Financial Analyst / 6 months
- 0
- 1 min read
China’s February Caixin Purchasing Managers’ Index (PMI) indicated slower growth in the manufacturing sector, raising concerns about the country’s economic recovery. The PMI, a key indicator of manufacturing activity, fell to 50.1 in February, down from 50.8 in January, barely above the 50-point mark that separates expansion from contraction. The data suggests that China’s manufacturing […]