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China Caixin Manufacturing Gauge Slides Further Into Contraction

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Activity in China's manufacturing sector unexpectedly dropped further in April, fuelling doubts about whether Beijing's stimulus measures can sustain growth in the world's second-largest economy. The Caixin Manufacturing Purchasing Managers' Index slipped to 49.4 in April from 49.7 in March. This was the 14th month the index remained below 50,[​IMG]

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