China's manufacturing sector barely expands in April by Investing.com
© Reuters. Investing.com – China's manufacturing sector barely expanded in April, showing data from the National Bureau of Statistics on Tuesday.
The official (PMI) came in at 50.1 for the month of April, lower than the expected reading of 50.5.
At the same time, official fell to 54.3 from 54.8 in March. Services account for more than half of China's economy.
A reading over 50 indicates expansion, while a reading below reflects contraction.
Separately, the private survey focusing on small and medium businesses came in at 50.2. This compares to the expected 51[ads1].0 and 50.8 from the previous month.
After the release of the data, the t and t values increased 0.5% and 0.7% and kl, respectively. 10.30 ET (02:30 GMT).
Merger media or anyone involved in Fusion Media does not accept liability for any loss or damage arising from this. of trust in the information, including data, quotes, charts and buy / sell signals found on this website. Be well informed about the risks and costs associated with trading in the financial markets, which is one of the most risky forms of investment.
