Market Updates: China Non-Manufacturing PMI Hits 15-Month Low
Arslan Butt • 1 min read
According to the National Bureau of Statistics, China’s official non-manufacturing purchasing managers index dropped to 53.4 from October’s 53.9. A reading above 50 indicates an expansion in activity, while a figure below that level indicates a contraction.
The US-China trade war continues to play. Let’s hope the G20 Sumit comes up with a settlement, else it’s going to hurt the economy further