China Factory Growth Seen Cooling Further as US Tariff Impact Mounts

China Factory Growth Seen Cooling Further as US Tariff Impact Mounts
An employee works on an assembly line producing automobiles at a factory in Qingdao, Shandong Province, China on March 1, 2016. Reuters
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BEIJING—Growth in China’s factory sector likely cooled further in October as domestic demand faltered and exporters felt a bigger sting from an intensifying trade war with the United States, a Reuters poll showed.

The official manufacturing Purchasing Managers’ Index (PMI) is expected to have slipped to 50.6, the lowest since February and down from 50.8 in September, according to the median forecast of 34 economists in a Reuters poll. The 50-mark divides expansion from contraction on a monthly basis.