BEIJING, Oct. 31-- Despite slower expansion in October, China's manufacturing sector remained steady with a major indicator standing above the boom-bust line for a 15th straight month, adding to signs of continued momentum in the wider economy. The manufacturing purchasing managers' index (PMI) came in at 51.6, falling from 52.4 in September, a more-than-five-year high, and 51.7 in August, the National Bureau of Statistics (NBS) said Tuesday. A reading above 50 indicates expansion, while below reflects contraction. |