Tue, 21-Oct-2025

China: Country’s economy regresses continuously

China

As a result of Covid lockdowns, China’s massive services industry just contracted at the second-fastest rate on record. According to a survey released by an international publication on Thursday, the Caixin purchasing managers’ index, a frequently monitored barometer for measuring the status of the economy, fell to 36.2 in April from 42 in March. Anything … Read more

China’s factory output record at its lowest in two years: Caixin PMI

china

China’s factory output reached its lowest level in two years in March, according to independent data released Friday, as the country confronts the pandemic’s biggest Covid-19 epidemic since its inception. With restrictions and lockdowns in place in important manufacturing and transportation hubs like Shenzhen and Shanghai, authorities are battling coronavirus epidemics. The Caixin Purchasing Managers’ … Read more