China's factory activity grows for second straight month

China's factory activity grows for second straight month

Energy Daily

Published

Beijing (AFP) April 30, 2024

China's factory activity grew for a second successive month in April, data showed Tuesday, providing some good news for officials battling to kickstart the vast economy in the face of weak domestic demand and a battered property sector. The purchasing managers' index (PMI) - a key measure of factory output - came in at 50.4, the National Bureau of Statistics (NBS) said - slightly higher t

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