China's Manufacturing Measure Shows Contraction for February

March 1, 2015 3:43 AM

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An index that measures China's manufacturing activity went up slightly in February but still shows contraction amid China's economy slowdown.

China Federation of Logistics and Purchasing released the latest official data on Sunday, showing the monthly purchasing managers' index up to 49.9 from the previous month's 49.8.

Also read: U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent

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