Friday, February 03, 2017

Stabilzing Yet Predictable

China's January PMI slightly down to 51.3

BEIJING -- China's manufacturing sector expands for the sixth month in a row, adding evidence that the world's second largest economy is stabilizing amid uncertain global outlook. The country's manufacturing purchasing managers' index (PMI) came in at 51.3 in January, 0.1 percentage points lower than that recorded in December, according to data released Wednesday by the…