The flash Caixin/Markit China Manufacturing Purchasing Managers' Index (PMI) dropped to 48.2, the lowest reading since last April and a fifth straight month below 50, the level separating contraction from expansion. The reading comes below market consensus of 49.7, and compares with last month's flash reading of 49.6. "Today's PMI reading suggests that the improvement […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network