China PMI down a tad in January, but the worst is yet to come
Analysts warn that the month's data does not factor in the full impact of the coronavirus outbreak
Add BT as a preferred source
Beijing
CHINA'S manufacturing sector stabilised, with the Purchasing Managers' Index (PMI) coming in at 50.0 for the month of January, but analysts warned that the data must be taken with a pinch of salt as the statistics do not reflect the full effect of the novel coronavirus.
The "50" reading for January was down slightly from 50.2 in December 2019, said the National Bureau of Statistics (NBS) on Friday.
TRENDING NOW
Ex-Sakae director Ong Siew Kwee handed 10.5-year jail term for misappropriating S$15.8 million, lying in court
DBS sees choppy Q3 for STI as investors pivot from Singapore banks to listcos that are unlocking value
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
High Court rejects bid to bring ST Engineering unit into trademark infringement suit over RSAF aircraft parts
