Coronavirus – China’s industry is slumping | FAZ

China’s industry has slumped as never before because of the outbreak of the coronavirus epidemic. The official purchasing manager index (PMI) fell in February to 35.7 points from 50.0 points in January, as the statistics office announced on Saturday. This means that the barometer is well below the 50 meter mark, from which the upward trend in business is signaled. Analysts interviewed by Reuters had only expected a drop to 46 points in February. That would have been the lowest level since January 2009.

312 thoughts on “Coronavirus – China’s industry is slumping | FAZ”

Leave a Reply

Your email address will not be published. Required fields are marked *