Tag Archives: according to the PMI

China’s factory activity growth has slowed to a nine-month low, according to the PMI

According to a business survey, China’s factory activity expanded at the slowest pace in nine months in February, as poor overseas demand and COVID outbreaks weighed on production, placing pressure on the country’s labor market. The manufacturing slowdown highlights the fragility of China’s ongoing economic recovery, even though domestic COVID-19 cases have been eradicated and […]