Arab Today, arab today china manufacturing activity slow
Last Updated : GMT 17:37:25
Arab Today, arab today
Arab Today, arab today

China manufacturing activity slow

Arab Today, arab today

Arab Today, arab today China manufacturing activity slow

Beijing - Arabstoday

China has reported an unexpected drop in manufacturing activity raising fresh concerns about the impact of a global slowdown on its economy.China\'s Purchasing Managers Index (PMI) fell to 50.4 in October from 51.2 in the previous month, the first drop in three months.The data comes amid fears that a slowdown in the global economy may dent demand for Chinese goods.Authorities warned that growth may slow even further.\"Future export and investment growth is expected to continue to decline,\" said Zhang Liqun of the China Federation of Logistics and Purchasing.China\'s economic growth has been powered by the success of its manufacturing and export sector.However, fears of a slowdown in the US and Europe, two of the biggest markets for Chinese exports, have raised concerns on whether the sector can sustain its growth.The fears have been deepened further by today\'s data, which showed that the new orders index fell to 50.5 in October from 51.3 the month before.Analysts said that as those regions grapple with economic problems, the effect was being felt by the Chinese manufacturers.\"The biggest concern is that the manufacturing sector\'s momentum is slowing,\" Rajeev Biswas of the IHS Global Insight told the BBC.\"The new export orders index is actually contracting and that is worrying as it highlights that the slowing demand from the US and Europe is starting to feed through to the Chinese export sector,\" he added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china manufacturing activity slow Arab Today, arab today china manufacturing activity slow

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china manufacturing activity slow Arab Today, arab today china manufacturing activity slow

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday