China manufacturing slowed in March amid Covid-19 outbreaks

By Xinhua News Agency

Apr 01, 2022 12:24 am

BEIJING: Manufacturing activity in China weakened in March as the country faced downward pressures, including a resurgence in Covid-19 infections that prompted wide lockdowns, as well as growing geopolitical uncertainties.

Data from the National Bureau of Statistics (NBS) showed on Thursday that the purchasing managers' index (PMI) for the manufacturing sector eased to 49.5 last month from 50.2 in February.

BUSY BUILDING This April 22, 2021 file photo shows workers assembling engines at a workshop of the Weichai Power Co. Ltd. in Weifang City, in China’s Shandong province. XINHUA PHOTO

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

US businesses brace for Trump's tariffs

Data centers chase energy savings for AI

Mexican startup converts plastic to fuel

EU: Temu, Shein, Amazon liable for 'unsafe' goods

Musk's DOGE accesses Treasury pay system

Nvidia meets Trump amid AI trade tensions

Samsung Q4 operating profit jumps 129.85%