After the disappointing manufacturing data from the world’s second largest economy, China, the purchasing managers’ index (PMI) fell below forecasts to 49.6 in November.
The official purchasing managers’ index (PMI) fell below forecasts to 49.6 in November, down from the previous month’s reading of 49.8.
That marks the fourth month of shrinking factory activity in the vast sector.
The Shanghai Composite was down 0.5% to 3,427.32 points in early trade.
