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China’s April PMI stats foreshadow challenges ahead

As Beijing talks up stimulus packages, official data published over the weekend shows just how sharply the rolling municipal lockdowns are tanking the Chinese economy, making the stated goal of 5.5% GDP growth in 2022 a huge challenge. China’s manufacturing activity slumped to its lowest level since February 2020, official data showed on Saturday. Official …

WP_Post Object ( [ID] => 271299 [post_author] => 76 [post_date] => 2022-05-02 08:42:35 [post_date_gmt] => 2022-05-02 08:42:35 [post_content] =>

As Beijing talks up stimulus packages, official data published over the weekend shows just how sharply the rolling municipal lockdowns are tanking the Chinese economy, making the stated goal of 5.5% GDP growth in 2022 a huge challenge. China’s manufacturing activity slumped to its lowest level since February 2020, official data showed on Saturday. Official …

[post_title] => China’s April PMI stats foreshadow challenges ahead [post_excerpt] => As Beijing talks up stimulus packages, official data published over the weekend shows just how sharply the rolling municipal lockdowns are tanking the Chinese economy, making the stated goal of 5.5% GDP growth in 2022 a huge challenge. China’s manufact... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => chinas-april-pmi-stats-foreshadow-challenges-ahead [to_ping] => [pinged] => [post_modified] => 2022-05-02 08:42:35 [post_modified_gmt] => 2022-05-02 08:42:35 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=165248 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )