Mumbai, Nov. 3 -- The manufacturing sector in China continued to expand in October, albeit at a slower rate, the latest survey from RatingDog revealed on Monday with a manufacturing PMI score of 50.6.
That's down from 51.2 in September although it remains above the boom-or-bust line of 50 that separates expansion from contraction.
The lower headline index reading was partly due to a less pronounced increase in manufacturing production. The softer rise in output was in turn linked by panelists to a slowdown in new order growth in October. While better domestic demand and sales promotions had reportedly supported a fifth consecutive monthly rise in new business, subdued external demand had dampened the overall rate of growth.
New export or...