The Business Times
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China's manufacturing sector contracts further in February

Official purchasing managers' index drops to 49.2 last month from 49.5 in January

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Published Fri, Mar 1, 2019 · 09:50 PM

    Beijing

    CHINA'S purchasing managers' index (PMI) contracted for a third straight month in February, two surveys show as the trade war with the United States persists.

    China's official PMI which surveys larger state-owned firms fell to a three-year low as it dropped to 49.2 last month, from 49.5 in January.

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