China manufacturing index indicates slip

BEIJING – China’s manufacturing growth declined further in October amid a slowing economy and languishing global demand, according to a survey released Saturday.

The China Federation of Logistics and Purchasing said its purchasing managers’ index dropped by 0.3 from September to 50.8. The index is a 100-point scale on which any number above 50 indicates an expansion of manufacturing.

The deceleration reflects a slowing of China’s economic growth to a five-year low of 7.3 percent in the third quarter of the year.