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China factory activity growth is 3 months in February, as millions return to work after millions of vacations


Staff welding acid batteries Leoch International Technology Ltd. Saltillo, Coahuila, Mexico, Monday, 2024, Monday.

Mauricio Palos Bloomberg | Getty Images

Chinese factory activity expanded the fastest rhythm between three months 50.8 In February, He showed the private sector survey on Monday, About millions of employees returned to work after an extended new year holiday.

Seasonal adapted Caixin / S & P Global Manufacturing Manufacturing Indices of the Global Purchase Manager has exceeded the 50.3 announcement of the Reuters survey, accelerating 50.1 and 50.5 January to 50.5.

The manufacture of the PMI private sector has remained above the 50 threshold that separates the spread from the shrinking since October.

This private survey continued to read Monday Official manufacturing PMI It was released on Saturday, which also showed the activity of the February factory in China since November has spread its fastest pace.

The official PMI rose 50.2 February 49.1 in January, According to the National Statistical Office. Including non-manufacturing PMI, services and construction, rose to 50.4 from 50.2 in January.

The number of economists flags that the US fresh rates of the US could be made by the country manufacturing activity. Due to the quarter of Chinese GDP, the role of exports this year as a key growth driver.

In February, new export commands rose since last April, according to the Monday survey, “strengthened from foreign customers”.

The external demand for Chinese manufactured goods is also at Chaper Economics in Capital Economics, Chaper Economics, Capital Economics, said Capital Economics.

Donald Trump announced what President of the US announced 10% Additive rates in Chinese goods – In 10%, he was charged in China on February 4th. Trump threatened 60% rates in China’s trace of his campaign.

Additional fees are scheduled to place in force on March 4, making one High profile annual pickup The Chinese authorities are expected to disclose the economic goals of 2025 and support for fresh politics.

Attention while in potential Consistids from BeijingHowever, investors are also awaiting a wider government plan, promoting a wide stimulus to promote the slowing economy, among other things, to promote home demand to prevent fiscal expenses and permanent disinfords.

Patchy recovery

US Tariff Chinese manufacturing sector in the second part of 2025: China Beige Book

While the prosecutor and “pre-current” tariffs “helped the Chinese economy helped recover some boost in February in this quarter, the overall growth is slow, Capital Economics said.

“If leadership is not expected more than expected in the public conference, it is difficult to see how a slowdown this year can be avoided,” Huangek said.

Fucked by the lack of home consumption, the output prices in the workshops remained under pressure, especially those who have declined the price of consumers and investments, according to the Monday survey.

Profit More margins, the costs of copper and certain chemicals have increased, the survey has shown.

Employment in the manufacturing sector is also five years low, as manufacturers have continued to prioritize cost restrictions, especially among the producers of consumer goods.

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