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Reply #28: China manufacturing activity slows amid growth concerns [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-01-11 07:00 AM
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28. China manufacturing activity slows amid growth concerns
http://www.bbc.co.uk/news/business-15532676

China has reported an unexpected drop in manufacturing activity raising fresh concerns about the impact of a global slowdown on its economy.

China's Purchasing Managers Index (PMI) fell to 50.4 in October from 51.2 in the previous month, the first drop in three months.

The data comes amid fears that a slowdown in the global economy may dent demand for Chinese goods.

Authorities warned that growth may slow even further.
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