China's PMI contracts in January

Note: This section contains information in English only.
Source: RTT News
Manufacturing activity in the world's second largest economy came in a contraction in the first month of 2014, the latest data published by the HSBC Bank and Markit Economics showed on Thursday. The country's purchasing managers' index recorded 49.5 in January falling from December's 50.5, while the score below 50 signals contraction in the sector.

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