China’s manufacturing PMI in expansion zone as recovery sustains
BEIJING: China’s manufacturing activity continued to expand in July as its economic recovery sustained momentum, official data showed Saturday. The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 50.4 in July, edging down from 50.9 in June, data from the National Bureau of Statistics (NBS) showed. A reading above 50 indicates expansion, … Read more