According to Reuters, Official manufacturing PMI last fell below the contractionary level of 50 in September 2012. The employment index in the official PMI report has been below 50 for 14 straight months.
As reported before, Earlier this month, China announced that it was for now withholding industry specific data from the PMI report,on account that there isn't enough time to analyze the data.
Latest China's PMI data will come as a relief to markets as concerns mount over China's economic slowdown. In a few minutes we will get HSBC China PMI that will give us a broader picture of the health of China's manufacturing sector
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