JANUARY MANUFACTURING PMI OF CHINA CAME IN AT 50.0

Highlights 

• In December, the official manufacturing PMI came out to be 50.2.
• The above 50 readings indicate expansion. 

On Friday, the National Bureau of Statistics stated that for January, its official manufacturing Purchasing Managers’ Index came in at 50.0. In December it was 50.2. The official manufacturing PMI is a survey of purchasing manager....