China’s April PMI stats foreshadow challenges ahead

Capt. John

As Beijing talks up stimulus packages, official data published over the weekend shows just how sharply the rolling municipal lockdowns are tanking the Chinese economy, making the stated goal of 5.5% GDP growth in 2022 a huge challenge. China’s manufacturing activity slumped to its lowest level...

https://splash247.com/chinas-april-pmi-stats-foreshadow-challenges-ahead/

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