The official China Federation of Logistics & Purchasing Managers’ Index eased to 52.0 from 52.9 in April, marking the slowest pace of growth in nine months. Concern over high inflation has prompted China to tighten monetary policy and enact other measures meant to cool the economy.
June 1, 2011
China manufacturing growth slows further
The official China Federation of Logistics & Purchasing Managers’ Index eased to 52.0 from 52.9 in April, marking the slowest pace of growth in nine months. Concern over high inflation has prompted China to tighten monetary policy and enact other measures meant to cool the economy.
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