Caixin PMI: China’s December manufacturing activity continues to fall because of a rise in COVID
A private sector poll released on Tuesday revealed that China’s industry activity dropped at an even faster rate in December as rising COVID-19 infections disrupted output and weighed on consumption after Beijing largely eliminated anti-virus measures.The manufacturing Caixin/Markit purchasing managers’ index (PMI) decreased from 49.4 in November to 49.0 in December.For five consecutive months, the […]