China’s official manufacturing PMI registered its lowest reading since October 2016, signalling an expected growth slowdown. While this has, in part, been driven by anti-pollution policies, Pictet’s growth forecast remains intact at 6.5% for the year. At 50.3, the PMI reading was down from January’s 51.3 and December 2017’s 51.6, while the Markit PMI (also known as the Caixin PMI)…
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