China’s factory activity weighed down by coronavirus-induced weak demand, slips back into contraction

China’s factory activity plummeted again in November with declining demand, low productivity and rising prices for manufacturers, a trade survey showed Wednesday.The Caixin / Markit making purchasing managers’ index (PMI) dropped to 49.9 in November from 50.6 per month. in the past, against the expertise of 50.5 experts in a Reuters survey. The 50-mark number separates the growth from the lunar month. The second-largest economy in the world, with a dramatic return.


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