China February factory activity shrinks for third straight month, misses forecast - Dealers Care

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Thursday, 28 February 2019

China February factory activity shrinks for third straight month, misses forecast

BEIJING (Reuters) - Factory activity in China shrank for the third straight month in February, with its official manufacturing gauge falling to a three-year low, highlighting deepening cracks in an economy facing persistently weak demand at home and abroad. The official Purchasing Manager's Index (PMI) fell to 49.2 in February, data showed on Thursday, the weakest level since February 2016.

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