China’s manufacturing sector shrinks in August | News GreenTV2

China’s manufacturing sector shrinks in August , GREENTV2 News,China’s manufacturing sector has shrunk for the fifth consecutive month, an official survey showed.

The country’s manufacturing purchasing managers’ index rose slightly to 49.7, but still sits below 50, which signals a contraction.

Despite a turbulent few months, China's leader Xi Jinping defended the "strong resilience, tremendous potential and great vitality" of the economy.