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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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.