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Members of Bangabandhu Cultural Alliance, Chittagong Unit greeting Mrs Hasina Mohiuddin for electing divisional chief of Human Rights and Environment Development Association recently.

3 Nov 2015, 12:00 am0

China manufacturing activity shrinks for 3rd straight month: govt

AFP, Beijing :Activity in China’s vast manufacturing sector shrank in October for the third straight month, officials said Sunday, fuelling fears that growth in the world’s second largest economy is slowing faster than policymakers admit.The Purchasing Managers’ Index (PMI), tracking activity in the factory and workshop sector, was unchanged from the previous month at 49.8, the state statistics office said.A PMI figure above 50 signals expanding activity while anything below indicates shrinkage.The economy grew at 6.9 percent between July and...

2 Nov 2015, 12:00 am