China RatingDog PMI manufacturing falls to 50.6; export orders and prices decline

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China’s manufacturing activity expanded at a slower pace in October, with the RatingDog PMI easing to 50.6 from 51.2, missing expectations of 50.9. The moderation reflects weaker demand momentum and growing headwinds from global trade tensions, which weighed on both output and new export orders. According to RatingDog founder Yao Yu, both demand and production […]The post China RatingDog PMI manufacturing falls to 50.6; export orders and prices decline appeared first on Action Forex.