China’s manufacturing purchasing managers’ index, or PMI, dropped to 49.4 in January from 49.7 in December, the sixth straight month of contraction for the indicator.
Asian shares ended the day mixed. Shanghai’s SSE lost 1.8 percent while Tokyo’s Nikkei 225 rose 2 percent. Hong Kong’s Hang Sheng shed 0.5 percent.
One of the day’s biggest gainers was Japan’s Shiseido, which surged 12.7 percent on the back of raised earnings forecasts.
Retail stocks in the U.S. lost ground on Friday, dragged down by Amazon.