China Caixin PMI manufacturing dropped to 49.1, straining under the triple pressures

<p>China Caixin PMI Manufacturing dropped from 50.9 to 49.1 in January. That’s the worst reading in 23 months. Also, the index slumped into negative territory for the fourth time since February 2020. Wang Zhe, Senior Economist at Caixin Insight Group said: “From December to January, the resurgence of Covid-19 in several regions including Xi’an and […]</p>
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