Chinese industries continue expanding at slower pace

Beijing: Chinese industries maintained expansion in April, although at a slower pace than March, with 52.2 points on the Purchasing Managers’ Index (PMI), 0.6 points less than March, authorities said on Sunday. The figures did not meet the expectations of the market, but kept over 50 points for the ninth consecutive month, according to the […]

National Bureau of Statistics

Beijing: Chinese industries maintained expansion in April, although at a slower pace than March, with 52.2 points on the Purchasing Managers' Index (PMI), 0.6 points less than March, authorities said on Sunday.

The figures did not meet the expectations of the market, but kept over 50 points for the ninth consecutive month, according to the National Bureau of Statistics (NBS).