The Traderszone Network

Published in TZ Latest News 26 September, 2014 by The TZ Newswire Staff

China official PMI seen steady at 51.2 in September but pressures remain

Growth in China’s manufacturing sector probably steadied in September as factory orders held up, a Reuters poll showed, providing some welcome relief for those who worry the Chinese economy is quickly losing steam. “It is good that it is above 50, but it is not that great,” Li Haitao, an economist at Guangdong Development Bank, said in reference to the PMI.

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