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- Chinese manufacturing PMI in line with expectations in April
Chinese manufacturing PMI in line with expectations in April
China's manufacturing sector grew at a slower pace in April, says rttnews.
The official manufacturing Purchasing Managers' Index fell slightly to 51.4 in April from 51.5 in March. Nonetheless, the score remained above 50, indicating expansion in the sector.
NBS senior statistician Zhao Qinghe, said the manufacturing sector continued to maintain its steady growth trend.
Meanwhile, the non-manufacturing PMI that covers services and construction, improved to 54.8 from 54.6 a month ago.
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