China’s manufacturing sector continued its contraction for the fifth consecutive month in February, with official NBS PMI decreasing slightly from 49.2 to 49.1, matched expectations. New orders subindex remained steady at 49, indicating stagnant demand. New export orders fell further from 47.2 to 46.3, reflecting ongoing pressures on the export front. NBS PMI Non-Manufacturing rose […]
The post China’s NBS PMI manufacturing falls slightly to 49.1, Caixin manufacturing rises to 50.9 appeared first on Action Forex.
