Economics
China Manufacturing Slows as Growth Pressures Deepen
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China’s manufacturing slowed further in October, as a property slump and slowdown in investment growth put the world’s second-largest economy on course for the slowest full-year growth since 1990.
The government’s Purchasing Managers’ Index was at 50.8 in October, trailing the 51.2 median estimate of analysts in a Bloomberg News survey and compared with September’s 51.1. Readings above 50 indicate expansion.