Wednesday, July 9, 2014

China manufacturing growth slows in April

April 30. 2013 10:36PM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle

(AP) An industry group says manufacturing growth in China slipped in April as exports continued to decline, raising questions about the strength of recovery in the world's second-biggest economy.

The China Federation of Logistics and Purchasing said Wednesday that its purchasing managers' index for April declined to 50.6 points from 50.9 points in March. Numbers above 50 indicate an expansion, on a 100-point scale.

Federation economist Zhang Lijun said export orders, prices and other indicators have been declining steadily.

He says that given these factors, future economic growth might "decline slightly."

China's economic growth unexpectedly slowed in the first quarter of this year, indicating its economic recovery is fragile.

Associated Press

comments powered by Disqus Commenting Guidelines
Mortgage Minute

Search for New & Used Cars

Used New All

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals

Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds