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Financial News: China Manufacturing Sector Slows In April - NBS

China Manufacturing Sector Slows In April - NBS

04/29/2021 - 21:10:00 (RTTNews)

(RTTNews) - The manufacturing sector in China continued to expand in April, albeit at a pace, the National Bureau of Statistics said on Friday with a manufacturing PMI score of 51.1.

That missed expectations for a score of 51.7 and it's down from 51.9 in March.

It remains above the boom-or-bust line of 50 that separates expansion from contraction, however.

The bureau also said that the non-manufacturing index came in with a score of 54.9 - shy of forecasts for 56.0 and down from 56.3 in the previous month.

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