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China's April factory activity grows at slower pace
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China's manufacturing activity expanded at a slower pace in April, an official factory survey showed on Tuesday, suggesting the sprawling sector started to lose some momentum at the start of the second quarter.
The official purchasing managers' index (PMI) dropped to 50.4 in April from 50.8 in March, above the 50-mark separating growth from contraction, and beat a median forecast of 50.3 slightly in a Reuters poll.
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. Read more on economictimes.indiatimes.com
About this in other media
European companies in China are under pressure from slower growth, overcapacity cnbc.com /7 months ago
China's exports and imports return to growth in April as demand improves abcnews.go.com /7 months ago
China’s factory glut alarms the world but there’s no quick fix economictimes.indiatimes.com /7 months ago
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