The growth of industrial production of China slows down

The Chinese production sector grew the slowest pace over the past three months, including December. The demand for goods in the country also decreased, adding fears about the restoration of the second economy of the world.

The final index of supply managers, which determines the activity in the production sector of the metallurgical and chemical plants of China and industrial enterprises that produce various Types of technological equipment reached 50.5 last month and has not changed since the preliminary preliminary Readings two weeks ago.

The index is a reliable sensor of the economic health of the Asian giant. The value above 50 indicates growth, while everything that is considered below the reduction signal. However, in December, it decreased from the value of 50.8 in November, which indicates the lowest growth rates since September, when the index was 50.2.

During the first trading week of 2014, Chinese promotions fell on the Shanghai Trade Exchange. The securities analyst Zhang Yagbing said that "the data indicates that the economy drifts slightly down, and the production sector is not very strong."

The National Bureau of Statistics announced that its official PMI decreased to 51.0 last month compared to the November value of 51.4. As a result, these data celebrate the economic growth of the 15th in a row, but for the first time since June, this figure decreased compared to the previous month.