Beijing, Jan 27, 2025 (AFP) - China manufacturing activity contracts for first time in four months

NAMPA / AFP

2025-01-27

China's manufacturing activity shrank in January for the first time in four months, official data showed Monday, as Beijing struggles to sustain the recovery of the world's second-largest economy. Policymakers have battled to reverse a post-pandemic slump driven by a crisis in the property sector, weak consumption and high government debt. The Purchasing Managers' Index (PMI) -- a key measure of industrial output -- was 49.1 in December, accordin......

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