The Traderszone Network

Published in TZ Latest News 3 November, 2017 by The TZ Newswire Staff

China’s Economic Numbers Continue To Cool Off (MCHI)

From Zacks: Chinese factory activity slowed in October 2017. The country’s official manufacturing purchasing managers’ index (PMI) fell to 51.6 in October compared with 52.4 in September.

It also came in below a Reuters forecast of 52. A reading of more than 50 indicates expansion, whereas a reading of less than 50 means contraction.

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