China factory growth weakest in over 2 years, slump in export orders deepens

Publish By:puja      Updated On: Oct 31, 2018

China's manufacturing sector in October expanded at its weakest pace in over two years, hurt by slowing domestic and external demand, in a sign of deepening cracks in the economy from an intensifying trade war with the United States. Anxiety about China's cooling growth and its likely drag on the global economy have vexed financial markets recently, and Wednesday's official Purchasing Managers' Index (PMI) indicates more stress for investors through coming months. 

 

 

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Date : Oct 31, 2018
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