Activity in the non-manufacturing sector, which includes services and construction, also slowed, with the sector index dropping to 54.3 in February from 54.7. Photo: Xinhua

China economy slows further as manufacturing sector PMI contracts for third straight month

  • February’s manufacturing index drops to 49.2 from 49.5 in January after analysts had predicted an unchanged reading
  • Composite purchasing managers’ index falls to its lowest level in two years at 52.4 from 53.2
Topic |   China economy

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Activity in the non-manufacturing sector, which includes services and construction, also slowed, with the sector index dropping to 54.3 in February from 54.7. Photo: Xinhua
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US trade representative Robert Lighthizer and Vice-Premier Liu He. Photo: AP

US demands level playing field in China, but can Beijing rein in state subsidies to end trade war?

  • United States trade representative Robert Lighthizer has been a long-term critic of advantages given to domestic companies that make it difficult for foreign firms
  • China has long been accused of favouring domestic companies, resulting in an unfair competitive advantage at home and abroad
Topic |   China economy

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US trade representative Robert Lighthizer and Vice-Premier Liu He. Photo: AP
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