BUSINESS China's manufacturing PMI edges down to 50.6 in February

BUSINESS

China's manufacturing PMI edges down to 50.6 in February

Xinhua

15:36, February 28, 2021

BEIJING, Feb. 28 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.6 in February, edging down from 51.3 of January, data from the National Bureau of Statistics showed Sunday.

A worker assembles engines on a producing line of a Weichai company in Weifang, east China's Shandong Province, March 19, 2020. (Photo: Xinhua)

A reading above 50 indicates expansion, while a reading below reflects contraction.

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