( ) -q-28- UNDATED (Correspondent Jeremy House) “50.7 in January.” An official survey of factory managers shows manufacturing in China contracted for a fifth consecutive month in February. [CutID: <Cuts> CHINA-MANUFACTURING-house-q-FRIam.mp3 Time: 28s Title: CHINA-MANUFACTURING-house-q-FRIam Out-cue: 50.7 in January] TAG: Correspondent Jeremy House reporting. —————————– VERBATIM: It’s a reflection of persistent weakness in China’s economy […]
Audio
China’s manufacturing activity contracts for 5th straight month
( ) -q-28- UNDATED (Correspondent Jeremy House) “50.7 in January.”
An official survey of factory managers shows manufacturing in China contracted for a fifth consecutive month in February.
[CutID: <Cuts> CHINA-MANUFACTURING-house-q-FRIam.mp3
Time: 28s
Title: CHINA-MANUFACTURING-house-q-FRIam
Out-cue: 50.7 in January]
TAG: Correspondent Jeremy House reporting.
—————————–
VERBATIM: It’s a reflection of persistent weakness in China’s economy ahead of annual legislative meetings where officials are expected to boost policy support. The official purchasing managers index fell to 49.1 in February from 49.2 the month before. Meanwhile, the non-manufacturing PMI, which measures activity in sectors such as services and construction, rose to 51.4 from 50.7 in January.