China manufacturing shrinks faster in threat to Europe

24/06/2013

More bad news, economically speaking. Chinese manufacturing output is contracting at a faster rate this month, with a PMI of 48.3. The news is particularly bad for the eurozone, according to economists, as the index “is a reminder that a strong eurozone export recovery is ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber