BEIJING, Feb 28 (Reuters) - China’s factory activity expanded in February at a slower pace than a month earlier, missing market expectations after brief COVID-19-related disruptions earlier in the year.
The official manufacturing Purchasing Manager’s Index (PMI) fell to 50.6 from 51.3 in January, data from the National Bureau of Statistics (NBS) showed on Sunday, remaining above the 50-point mark that separates growth from contraction.
Analysts had expected it to decline to 51.1.
The industrial sector’s recovery has been driven by strong exports and government stimulus.
China’s economy grew just 2.3% last year. (Reporting by Gabriel Crossley; Editing by Christopher Cushing)
"Factory" - Google News
February 28, 2021 at 02:13PM
https://ift.tt/3dWOgfg
China's factory activity expands at a slower pace in February -official PMI - Reuters
"Factory" - Google News
https://ift.tt/2TEEPHn
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "China's factory activity expands at a slower pace in February -official PMI - Reuters"
Post a Comment