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CN Apr Official Manufacturing PMI Drops to 49, Below Forecasts
China's Manufacturing Purchasing Managers' Index (PMI) reached 49 in April, falling short of the market expectation of 49.7, down 1.5 ppts from the previous month, accordin...
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CN Apr Official Manufacturing PMI Drops to 49, Below Forecasts
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China's Manufacturing Purchasing Managers' Index (PMI) reached 49 in April, falling short of the market expectation of 49.7, down 1.5 ppts from the previous month, according to the National Bureau of Statistics' Service Industry Survey Center and the China Federation of Logistics and Purchasing.

This performance indicates a decline in China's manufacturing sector activity.

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