Article 5VM1P Rise in Covid cases slows manufacturing in China to weakest in two years

Rise in Covid cases slows manufacturing in China to weakest in two years

by
Larry Elliott Economics editor
from Economics | The Guardian on (#5VM1P)

Output is contracting as Beijing's tough pandemic measures force some factories to shut down

Output from China's manufacturing sector slowed to its weakest in almost two years in January as the country's tough anti-Covid measures forced factories into temporary shutdowns.

A monthly snapshot of industry in the world's second biggest economy showed production being hard hit by Beijing's zero-tolerance approach to the pandemic.

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