Reported about 7 hours ago
China's manufacturing activity fell unexpectedly for the second consecutive month in January, with the Caixin purchasing managers index dropping to 50.1, highlighting the need for increased economic stimulus from Beijing. The decline is attributed to reduced employment, sluggish external demand, and weak pricing levels, exacerbated by looming tariffs from the Trump administration. This situation may force the government to enhance policy support and adjust currency measures to mitigate economic challenges.
Source: YAHOO