China's manufacturing activity in April expanded for the second straight month, according to the country's statistics bureau, but by a slimmer margin than in March.The headline Purchasing Managers Index (PMI) announced Tuesday was 50.4, 0.4 points less than the growth shown in the March report, which had sparked hope after five straight months of contraction in the manufacturing sector.The new data indicates the world's second-largest economy has still not found its footing amid tepid consumer... Read this story
