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Tuesday, 1 April 2014

China factories struggle, adds to expectations for stimulus

Persistent weakness in China’s manufacturing sector reinforced fears of a sharper-than-expected slowdown at the start of 2014, and some government economists think authorities have already started boosting spending to put a floor under growth.


On Tuesday two surveys showed that manufacturing struggled in March, with activity at smaller, private firms contracting for a third month, adding to a run of disappointing data that has sparked speculation of imminent government-led stimulus.


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Kevin Yao and Adam Rose, Reuters via CHINA US Focus http://ift.tt/1dOwCXC

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