China’s manufacturing PMI remains in expansion territory in Aug
by ChemOrbis Editorial Team - content@chemorbis.com
According to China’s National Bureau of Statistics (NBS), the country’s official manufacturing purchasing managers’ index (PMI) witnessed only a minor slip of 0.1% in August, coming in at 51.0 when compared to 51.1 in July.
The country’s manufacturing sector remained at the expansion territory as any reading below 50 indicates an expansion.
The latest data show that the manufacturing sector in China continues to gradually recover from the pandemic.
The country’s manufacturing sector remained at the expansion territory as any reading below 50 indicates an expansion.
The latest data show that the manufacturing sector in China continues to gradually recover from the pandemic.
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