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China Jan manufacturing activity shrinks

2025/01/27 166

© Reuters. FILE PHOTO: A worker carries a roll of drip tape at a factory of DAYU Water Group Co, in Jiuquan, during an organised media tour in Gansu province, China October 18, 2024. REUTERS/Tingshu Wang/File Photo

BEIJING (Reuters) – China’s manufacturing activity fell in January, an official factory survey showed on Monday.

The official purchasing managers’ index (PMI) contracted to 49.1 in January from 50.1 in December, below the 50-mark separating growth from contraction and missing a median forecast of 50.1 in a Reuters poll.

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