China’s factory and services activity loses steam
Apr 30th 2022 8:24am EDT
Beijing’s zero-Covid policies are curbing production and disrupting supply chains Widespread lockdowns introduced by the Chinese authorities to tackle the latest surge in Covid-19 cases have dragged down China’s April manufacturing and services activity. The official manufacturing purchasing managers’ index (PMI) fell to 47.4 this month from 49.5 in March, according to data published by […]
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