Mar 31, 10:39 PM EDT

Surveys show China manufacturing weak in February


Multimedia
Video photo gallery on trash in China
China celebrates 60th year
Panorama of Tiananmen Square
Remembering Tiananmen
A year after China quake
Migrant laborers struggle to find work
Checking Beijing's Air
China's morning exercises in parks
Exploring Chinese Cuisine
Beijing Architecture Changes For Games
Woman Rescues Homeless Quake Dogs
China Holds Funeral for Panda
China's 1-child Policy Causes Extra Pain
Map of Earthquake Zone in Central China
Entrepreneurs Move Into, Out of China
Olypmics in Beijing Highlight China's Water Woes
Foreign Buyers Head to China Despite Problems
Coal Use Produces Pollution, Illness
Coal Means Profit, Woes for China
China Extending Its Reach Around the World
In China, the Desert Closes In
Latest News
Surveys show China manufacturing weak in February

Taiwan to join China-led regional bank, Japan says not now

US admiral says China 'creating a great wall of sand' in sea

China evacuates 571 from Yemen, suspends anti-piracy patrols

Chinese president promotes regional vision at Boao Forum

Buy AP Photo Reprints
Interactives
Interactive about job growth
Quiz for Older Job Seekers
Who Has Lost the Jobs? A State by State Look
Audio Slideshow
Panorama of Tiananmen Square
Remembering Tiananmen

BEIJING (AP) -- Two surveys show China's manufacturing activity was anemic in February and industry faced more downward pressure on prices, adding to signs of economic weakness.

HSBC Corp. said Wednesday that its monthly purchasing managers' index fell to 49.6 on a 100-point scale on which numbers below 50 show activity contracting. A separate index by an industry group, the Chinese Federation of Logistics and Purchasing, and the National Bureau of Statistics edged up 0.2 points from February to 50.1.

Both surveys showed prices of industrial goods declined in February, a sign of weak demand.

Beijing has cut interest rates twice since November to spur economic growth that declined to 7.3 percent in the final quarter of last year, fueling fears of a politically dangerous spike in job losses.

© 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.