China manufacturing growth slows in April

AP News
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Posted: Apr 30, 2013 10:27 PM

BEIJING (AP) — An industry group says manufacturing growth in China slipped in April as exports continued to decline, raising questions about the strength of recovery in the world's second-biggest economy.

The China Federation of Logistics and Purchasing said Wednesday that its purchasing managers' index for April declined to 50.6 points from 50.9 points in March. Numbers above 50 indicate an expansion, on a 100-point scale.

Federation economist Zhang Lijun said export orders, prices and other indicators have been declining steadily.

He says that given these factors, future economic growth might "decline slightly."

China's economic growth unexpectedly slowed in the first quarter of this year, indicating its economic recovery is fragile.