Manufacturing growth in China slows
November 3 , 2014
China’s manufacturing growth slowed last month, according to an official survey.
The Purchasing Managers Index (PMI) dropped from 51.1 in September to 50.8 in October, a lower than expected figure.
Earlier data has shown that the Chinese economy is growing at the slowest pace in over five years.
The third quarter growth was 7.3% from a year ago, down from the second quarter growth of 7.5%.
China has introduced measures aimed at stimulating consumer spending.