BEIJING—Manufacturing activity in China grew at a slower pace in January compared to the previous month, according to an official measure, as the Chinese regime’s strict “zero-tolerance” COVID-19 measures put a dampener on economic activity. The purchasing manager’s index (PMI), tracked by China’s National Bureau of Statistics (NBS), slipped to 50.1 from 50.3 in December, continuing a third month of weak growth. A separate PMI by the business magazine Caixin showed on Sunday that manufacturing activity fell even further, contracting from 50.9 in December to 49.1 in January. PMI is tracked on a 100-point scale in which numbers above 50 show activity expanding and below show a contraction. New orders, which are measured in a sub-index, also fell, dropping to 49.3, according to the official measure. New export orders activity also continued to contract, although at a slightly slower pace in January. The Chinese regime implemented strict lockdowns starting in …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta