Caixin: China manufacturing gauge falls to lowest in more than 6 years
Caixin China manufacturing purchasing
Beijing - Arab Today
A key measure of manufacturing in the world's second largest economy fell to a new six-and-a-half-year low in September, financial publisher Caixin said Wednesday.
The preliminary figure for its Purchasing Managers' Index came in at 47.0, down from August and missing expectations. A result below 50 indicates the sector is contracting.
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