Chinese manufacturing expands in October but at slower pace

Chinese manufacturing expands in October but at slower pace

BEIJING: China’s manufacturing activity expanded in October for the eighth straight month, though at a slightly slower rate than in September, the National Bureau of Statistics said Saturday. The Purchasing Managers Index stood at 51.4, down from 51.5 the previous month, the agency announced. A reading above 50 in the monthly survey of companies indicates … Read more