Dow Jones Newswires: China’s Caixin manufacturing PMI improves, but stays in contraction

A private gauge of China’s manufacturing activity improved in January but remained in contractionary territory for the sixth straight month.

The purchasing managers index rose to 49.2 in January from 49.0 in December, according to data released Wednesday by Caixin Media Co. and S&P Global. The 50-mark separates expansion from contraction.

Compared…