China’s factory activity posted a greater-than-expected decline in January, according to a final reading of a manufacturing index, adding another off-key note to the country’s economic prospects amid mounting global concern over slow growth, tighter U.S. monetary policy and emerging-market weakness.
The decline in a survey that tracks manufacturing activity, the first in six months, reflected fewer new orders, sharply lower employment and a marked fall in component costs and the prices manufacturers were able to command from customers.
Read Full Article HERE
Mark Magnier, The Wall Street Journal via CHINA US Focus http://ift.tt/1db7J1a
No comments:
Post a Comment