Mon, 25 Feb 2013 11:32:04 GMT
China's manufacturing expands at a slower pace
Chinese manufacturing growth unexpectedly slowed in February as foreign orders declined and output expanded at a slower pace, clouding hopes of economic rebound in the beginning of 2013, according to data released by Markit Economics. The HSBC flash Manufacturing PMI fell to 50.4, the lowest level in 4 months, from 52.3 in January. The manufacturing output index declined to 50.9