Summary A private survey by HSBC had expected weaker growth in Chinese manufacturing.
BEIJING (AP) - Growth of Chinese manufacturing barely expanded in November and stayed at the same rate as in the previous month, indicating a continual sluggish recovery, the China Federation of Logistics and Purchasing said Sunday.
It said the group s purchasing managers index remained at 51.4, the same from October.
A private survey by HSBC had expected weaker growth in Chinese manufacturing with a PMI at 50.4, down from October s 50.9, amid signs of weaker global demands and slower inventory restocking.
Both indexes use a 100-point scale on which numbers below 50 indicate contraction.
"With November s PMI holding steady from the previous month, it shows the economic growth is stabilizing for the future," analyst Zhang Liqun said in the federation s report.
