An official survey showed Wednesday that China’s manufacturing activity contracted for the fourth straight month in January, suggesting that the large sector and the broader economy are facing difficulties in regaining momentum at the start of 2024. The official purchasing managers’ index for the manufacturing sector rose to 49.2 points in January from 49.0. In … Continue reading China’s Manufacturing Sector Contracts for Fourth Straight Month in January, Posing Challenges for Economic Recovery in 2024
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