China’s Official Factory Gauge Signals Contraction ContinuesBloomberg News
Manufacturing PMI remained at 49.8 in October, below estimates
Reading suggests `managed stabilization,' Commerzbank says
China’s first key indicator this quarter, an official factory gauge, missed analysts’ estimates, signaling that the manufacturing sector has yet to bottom out as global demand falters and deflationary pressures deepen.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.