SUBSCRIBERS

Tighter environmental curbs impact China PMI

Slower credit growth, reduced fiscal support post-Party Congress and the environmental crackdown all expected to intensify and weaken growth momentum

Published Wed, Nov 1, 2017 · 09:50 PM

China economy

Beijing

CHINA'S two sets of Purchasing Manufacturing Index (PMI) showed the countries millions of factories are stabilising production as more stringent anti-pollution measures kick in ahead of the Winter months.

The official PMI published by the National Bureau of Statistics came in at 51.6 in October, falling from 52.4 the previous month, on weaker domestic demand.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes