China’s economic recovery powers on as manufacturing, services sectors remain strong

//China’s economic recovery powers on as manufacturing, services sectors remain strong

China’s economic recovery powers on as manufacturing, services sectors remain strong

Chinese manufacturing and service sector sentiment remained strong in October, underscoring that the country’s robust economic rebound from the damage caused by the coronavirus pandemic continued in the first month of the fourth quarter.China’s official manufacturing purchasing managers’ index (PMI) fell slightly to 51.4 in October from 51.5 in September the National Bureau of Statistics (NBS) reported Saturday. The October reading was slightly above the median expectation in a Bloomberg survey…

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By | 2020-10-31T01:05:56+00:00 October 31st, 2020|Business|Comments Off on China’s economic recovery powers on as manufacturing, services sectors remain strong