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China manufacturing gauge falls to lowest in more than 6 years

Workers install car parts on assembly line at a factory in Qingdao, east China's Shandong province, in July 2015A key measure of manufacturing in the world’s second largest economy fell to a new six-and-a-half-year low in September, financial publisher Caixin said Wednesday. The PMI survey is closely watched by investors around the world for clues on the health of the Chinese economy, a crucial driver of global growth, as it is the first regular statistic to be announced for each month. International stock exchanges have been rocked in recent weeks by concerns about the Chinese economy, which is both a huge buyer of commodities and a vital market in itself, and is also buffeted by global trends.

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