China manufacturing index expands at slower pace

China manufacturing index expands at slower pace Beijing (AFP) May 1, 2016 - China's economic recovery stabilised in April, an official factory activity gauge showed Sunday, as the property market recovered and credit grew. The Purchasing Manager's Index (PMI), tracking activity in factories and workshops, rose for the second successive month, the National Bureau of Statistics said. The figure was 50.1 compared to 50.2 in March. But any reading above 50 signals e ... more

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