Surveys show China factory activity growth slows

Capt. John

CHINA’s factory activity grew in December but at a slower-than-expected pace, as overall sales were dampened by falling export orders, according to a private-sector survey, reports Reuters. The data matched an official survey showing manufacturing activity expanded modestly, reinforcing calls for more stimulus to spur growth this year as Donald Trump will soon take office and likely intensify US-China trade tensions. The Caixin/S&P Global manufacturing PMI nudged down to 50.5 in December from...

https://www.seanews.com.tr/surveys-show-china-factory-activity-growth-slows/202312/

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