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ECONOMY

Manufacturing Expansion Eases in February

An NBS analyst attributed the slowing expansion in both manufacturing and services to the Lunar New Year holiday. Photo: VCG
An NBS analyst attributed the slowing expansion in both manufacturing and services to the Lunar New Year holiday. Photo: VCG

*China’s official manufacturing PMI declines to 50.3 in February from January’s 51.3

*China official nonmanufacturing PMI drops to 54.4, down 0.9 points from January

(Beijing) — Expansion in China’s manufacturing sector hit a 19-month low in February, as the still-robust areas of services and construction lost some momentum, official data showed on Wednesday.

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