The manufacturing sector in China continued to expand in January, albeit at a slower pace, the National Bureau of Statistics said on Wednesday with a Manufacturing PMI score of 51.3.
That missed expectations for 51.5 and was down from 51.6 in December.
It also moved further beneath the boom-or-bust line of 50 that separates expansion from contraction.
The bureau also noted that the non-manufacturing PMI came in with a score of 55.3 – beating forecasts for 54.9 and up from 55.0 in the previous month.
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