Economic Buzz: China Manufacturing Sector Grows At Slower Pace In April

Chinas manufacturing Purchasing Managers Index fell slightly to 51.4 in April from 51.5 in March, survey data from the National Bureau of Statistics showed Monday. Nonetheless, the score remained above 50, indicating expansion in the sector. Meanwhile, the non-manufacturing PMI that covers services and construction, improved to 54.8 from 54.6 a month ago.