China's manufacturing activity slows in December as trade risks grow

Date:

Share post:


HONG KONG — China’s factory activity expanded at a slower pace in December, official data showed on Tuesday, despite recent stimulus measures and in the face of increasing trade risks.

The Purchasing Managers’ Index, based on a survey of factory managers, slipped to 50.1 in December from 50.3 the previous month, the National Bureau of Statistics said Tuesday.

It was the third straight monthly reading above 50, a level that indicates an expansion of manufacturing activity.

A parallel purchasing managers’ index for the non-manufacturing sector, which covers construction and services, rose to 52.2 points up from 50 points in November.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Thousands of Mexicans rally with president to celebrate US decision to delay tariffs

MEXICO CITY -- Tens of thousands of people packed into Mexico’s City main plaza on Sunday to...

Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices

WEST PALM BEACH, Fla. -- WEST PALM BEACH, Fla. (AP) — President Donald Trump is dismissing business...

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers

BERLIN -- Flight cancellations at Hamburg Airport after a surprise strike by workers affected more than 40,000...

Canada's Liberals will elect new leader to replace Trudeau as country deals with Trump's trade war

TORONTO -- Canada's governing Liberals will announce a replacement for Prime Minister Justin Trudeau on Sunday as...

Hudson's Bay seeks creditor protection, plans to restructure business

TORONTO -- Canada’s oldest retailer, Hudson’s Bay, has filed for creditor protection and intends to restructure the...

Mexican finance minister, a holdover from previous administration, resigns and is replaced by deputy

Mexican Finance Secretary Rogelio Ramírez de la O, a holdover from the previous administration, has resigned for...

Canada to name a new leader while dealing with Trump trade war

TORONTO -- TORONTO (AP) — Canada looks set to pick a measured former central banker to deal...

Daylight saving time is coming and the golf industry can't wait

OMAHA, Neb. -- Looking forward to more evening sunlight thanks to daylight saving time this weekend?Many in...