China's manufacturing activity, according to HSBC has shrank for an 11th straight month in
September. China is the world's second largest economy in the world.
The purchasing mangers' index for this month stood at 47.9.
The index gauges nationwide manufacturing activity, a key sector of the Chinese economy. A reading below 50 indicates a contraction in manufacturing, while a reading above 50 indicates expansion.
The purchasing mangers' index for this month stood at 47.9.
The index gauges nationwide manufacturing activity, a key sector of the Chinese economy. A reading below 50 indicates a contraction in manufacturing, while a reading above 50 indicates expansion.