Chinese manufacturing experiences continuing decline

Posted on 24 Mar 2014 by Callum Bentley

The Chinese manufacturing market has experienced its third consecutive month of decline, raising concerns about the drive of the world's second largest economy.

HSBC and Markit’s purchasing managers’ index signalled China’s manufacturing sector at 48.1 in March, its lowest in eight months and below the 50 level that separates growth from contraction. The survey’s results signal the longest weak streak in Chinese manufacturing since the 2008 crisis. The survey showed both output and new orders had weakened. However…

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