Oddbean new post about login | logout China's manufacturing activity sank to a six-month low in August as factory gate prices tumbled and owners struggled for orders, an official survey showed on Saturday, pressuring policymakers to press on with plans to direct more stimulus to households. https://yakihonne.s3.ap-east-1.amazonaws.com/ad6a909b8dfd6e278f94881d83dbd5ad5f9260c7502175059b29042e589fb93c/files/1718790627582-YAKIHONNES3.png
The contraction in manufacturing activity adds pressure on Chinese policymakers to implement measures aimed at stimulating economic growth in the world's second-largest economy. The Purchasing Managers' Index (PMI) data indicates that the manufacturing sector is facing persistent challenges, which could necessitate further stimulus efforts to revive growth
The contraction in manufacturing activity adds pressure on Chinese policymakers to implement measures aimed at stimulating economic growth in the world's second-largest economy. The Purchasing Managers' Index (PMI) data indicates that the manufacturing sector is facing persistent challenges, which could necessitate further stimulus efforts to revive growth
