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China’s manufacturing PMI in July as Covid flares up

An employee operates a spinning machine at a textile factory on May 26, 2022 in China. China’s factory activity contracted unexpectedly in July as fresh virus flare-ups and a darkening global outlook weighed on demand.Zhu Haipeng | Visual China Group | Getty ImagesChina’s factory activity contracted unexpectedly in July after bouncing back from Covid-19 lockdowns …

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China’s factory activity contracts unexpectedly in July as COVID flares up

Employees work on the¬†production line of vehicle components¬†during a government-organised media tour to a factory of German engineering group Voith, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China July 21, 2022. REUTERS/Aly SongRegister now for FREE unlimited access to Reuters.comRegisterChina July official manufacturing PMI below forecastJuly official services PMI grows at slower paceCOVID flare-ups, …

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