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Retail sales fell 2.8 per cent on-year, more than a predicted 2.0 per cent decline
China's exports fell 6.6 per cent in March from a year earlier and imports dropped 0.9 per cent, according to the Customs data
The findings, which focus mostly on small and export-oriented businesses, were backed by an equally grim official survey released on Saturday, which showed the steepest contraction on record
China's official Purchasing Managers' Index fell to a record low of 35.7 in February from 50.0 in January, the National Bureau of Statistics said on Saturday
Coronavirus outbreak could cause a dent to the recovery of the Indian economy amid supply chain disruptions and inflationary pressures, a report said on Thursday. According to Dun & Bradstreet's Economy Observer report, manufacturing companies could face production disruptions if the length of the outbreak gets prolonged and their supply chain is not restored to normalcy. "The outbreak of coronavirus, through the direct and indirect linkages of trade and commerce and global supply chain, could impact Indian companies," said Arun Singh, Chief Economist Dun & Bradstreet India. Singh further said that inflationary pressures are likely to rise, at least in the short term, through the channels of uncertainty and disruption in the supply chain. The coronavirus outbreak has brought a large part of the world's second-largest economy China to a standstill and its impact has been felt across industries. On January 30, the World Health Organization (WHO) declared the coronavirus ...
Persistent weakness in China's vast manufacturing sector could fuel expectations that Beijing needs to roll out stimulus more quickly, and more aggressively, to weather the biggest downturn in decades
While Chinese factories suffer, manufacturers in other Asian hubs become beneficiaries -- up to a point
Domestic orders have been losing momentum in recent quarters as the world's second-largest economy slows
The solid Caixin PMI readings could help reassure international investors that China's economy is still expanding at a healthy clip as it nurtures new drivers of growth
China's exports saw solid growth during the final months of last year
An official survey released today said that China's factory activity expanded last month at the fastest pace in five years, as the country's vital manufacturing sector stepped up production to meet strong demand. The official manufacturing purchasing managers' index rose to 52.4 in September, up from 51.7 in the previous month and the highest level since April 2012. The report by the Federation of Logistics & Purchasing said production, new export orders and overall new orders grew at a faster pace for the month. "The manufacturing sector continues to maintain a steady development trend and the pace is accelerating," said Zhao Qinghe, senior statistician at the National Bureau of Statistics, which released the data. Zhao noted that the report found both domestic and global demand have improved. However, in a separate report, the private Caixin/Markit manufacturing PMI slipped to 51.0 from 51.6, as factories reported that production and new orders expanded at slower