China’s Sept manufacturing index plunges to over 6-year low

Chinese manufacturing activity fell to its lowest in more than six years in the latest sign of the slowdown, according to a survey released on Wednesday. The latest data was worse than economists had expected and unsettled global financial markets. Uncertainty about the extent of China’s slowdown has been on the radar of investors, particularly after the Federal Reserve mentioned China as one of its reasons for not raising interest rates last week.