China’s National Bureau of Statistics said authorities in Guangdong broke the law by publishing a monthly economic indicator. Photo: EPA-EFE
China economy
Beijing says Guangdong government broke law by publishing PMI economic figures for seven years
- As trade war bites, National Bureau of Statistics bans provincial purchasing managers’ index, saying local authorities did not have approval to publish it
- Monthly gauge had been in existence for seven years and was regarded by analysts as an important indicator of economic conditions in export hub
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China economy
China’s National Bureau of Statistics said authorities in Guangdong broke the law by publishing a monthly economic indicator. Photo: EPA-EFE