Chinese manufacturing continues expansion despite Spring Festival

By John Ollett
Published: Friday, 01 March 2013

Germany finally returns to growth; US expansion slows but remains robust

Despite the customary economic slowdown in China during the Chinese Spring Festival, the manufacturing industry continued to expand this February but at a slightly lower rate, according to the HSBC manufacturing purchasing managers index (PMI).

The index posted 50.4 in February 2013, up from 52.3 in January 2012. A measure...

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