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| November 15, 2018

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China factory activity expands again in September: official PMI -

An employee works on an assembly line producing automobiles at a factory in QingdaoActivity in China's manufacturing sector expanded again in September, an official survey showed on Saturday, which may indicate that recent positive momentum can be sustained. After a significant pick-up in March, China's official PMI slipped, falling below 50 in July before showing expansion in August. Economists say the pattern over the past few months suggested sustained economic growth, but a growing dependence on government spending and an overheated property market may pose increased risks later this year with debt levels continuing to rise.



Business News Headlines – Yahoo! News

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