China’s August factory activity shrinks as orders weaken: Caixin PMI

BEIJING: China’s manufacturing plant activity contracted the first time in three months within August amid weakening demand, while strength shortages and refreshing COVID-19 flare-ups disrupted production, a private field survey showed on Thursday (Sep 1).   The Caixin/Markit manufacturing purchasing managers’ catalog (PMI) slid in order to 49. 5 withinContinue Reading