China factory index falls to 6-month low in November, latest sign of No. 2 economy's struggles

November 20, 2014 2:57 AM

2 0

HONG KONG – Manufacturing activity in China fell to a six-month low in November, reflecting sluggishness in the world No. 2 economy and weakness abroad, according to an early survey of factory conditions released Thursday.

HSBC's preliminary purchasing managers' index fell to 50.0 this month from 50.4 in October. The index uses a 100-point scale on which numbers below 50 indicate contraction while numbers above show expansion. The latest reading indicates there's no change in overall conditions from the previous month...

Also watch: WATCH: Leonard Fournette lowers his shoulder, sends defender into another universe

Read more

To category page