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Experts foresee a recovery of the Chinese economy in March and stable full-year GDP growth, despite a plunge in manufacturing activities last month due to the novel coronavirus pneumonia outbreak.This came after China unveiled the official purchasing managers index for February, a closely watched ga
The purchasing managers' index (PMI) for China's manufacturing sector dipped to 49.5 in August from 49.7 in July, the National Bureau of Statistics (NBS) said Saturday.A reading above 50 indicates expansion, while a reading below reflects contraction.A breakdown of the data showed manufacturing prod
The purchasing managers' index (PMI) for China's manufacturing sector remained stable at 50.1 in April, slightly down from 50.5 in March, the National Bureau of Statistics (NBS) said Tuesday.A reading above 50 indicates expansion, while a reading below reflects contraction.Although down from a month
