Tag: Economic Growth/Recession

China's Factory Slowdown Worse Than Expected Under Weight of Covid Policies

China's Factory Slowdown Worse Than Expected Under Weight of Covid Policies

[ad_1] HONG KONG—China’s factory activity contracted in October after a short-lived improvement, a fresh sign of the toll from the country’s stringent Covid policies and of fading global demand for Chinese-made goods. The official purchasing managers index for manufacturing fell to 49.2 from 50.1 in September, the National Bureau of Statistics said Monday. The result […]

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