Construction work at Beijing airport: a symbol of the country’s economic resilience. Photo: AFP

China’s GDP growth last year was worth more than Australia’s whole economy

  • Beijing plays down concerns about a slowdown by highlighting the size and scale of its growth last year
  • Per capita gross domestic product close to US$10,000 benchmark after 6.6 growth rate last year
Topic |   China economy

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Construction work at Beijing airport: a symbol of the country’s economic resilience. Photo: AFP
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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

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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