Published 1 year ago

China factory, services activities slide to 7-month lows on COVID curbs

Summary by Reuters

China's manufacturing and services activities shrank further in November to seven-month lows, official data showed, stung by the country's strict COVID-19 restrictions and rising infections that analysts said will hurt the economy well into 2023.

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BBC News

China Covid: Factory activity shrinks more than expected

Zero-Covid policy and slowing global demand are putting the country's economy under pressure.

1 year ago·United Kingdom

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Reuters

China factory, services activities slide to 7-month lows on COVID curbs

1 year ago·United Kingdom

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The Star Kuala Lumpur

China's Nov factory, services activities fall to 7-month lows on Covid curbs

BEIJING: China's factory activity contracted at a faster pace in November, an official survey showed on Wednesday, weighed down by COVID-19 curbs and softening global demand, underscoring the increasing pressure faced by the world's second-largest economy.

1 year ago·Malaysia

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South China Morning Post

‘Inevitable’ economic cost of China’s Covid curbs as factory, services cool

China’s official manufacturing purchasing managers’ index (PMI) fell to 48 in November from 49.2 in October, while the non-manufacturing gauge fell to 46.7 last month, data released on Wednesday showed.

1 year ago·Hong Kong

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Channel News Asia

China's November factory, services activities fall to 7-month lows on COVID-19 curbs

BEIJING: China's factory activity contracted at a faster pace in November, an official survey showed on Wednesday (Nov 30), weighed down by COVID-19 curbs and softening global demand, underscoring the

1 year ago·Singapore

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RTÉ

China factory, services activities slide to 7-month low

China's manufacturing and services activities shrank further in November to seven-month lows, official data showed, stung by the country's strict Covid-19 restrictions and rising infections that analysts said will hurt the economy well into 2023.

1 year ago·Ireland

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