Factory activity in China slowed down further last month, with the country’s statistics bureau reporting a PMI reading of 49.5—the lowest in five months, Reuters noted in a report. However, a private PMI reading, calculated by S&P Global, showed an uptick in manufacturing activity among smaller companies, Reuters reported separately, with the increase attributed to strong overseas orders. What’s more, one Economist Intelligence Unit analyst told Reuters that the official figures that suggested a slowdown may…
