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China’s Manufacturing Recovery Loses More Momentum, Caixin PMI Shows

2021年04月01日 20:33 来源于 财新网
The reading came in at 50.6 in March as the subindexes for output and total new orders edged down for a fourth straight month
Workers examine cold-rolled steel on March 22 at the production site of a steel company in Liuzhou, South China’s Guangxi Zhuang autonomous region. Photo: VCG

China’s economic recovery continued last month at a slightly slower clip, with manufacturing activity undergoing its weakest expansion since April 2020, a Caixin-sponsored survey showed.

The Caixin China General Manufacturing Purchasing Managers’ Index (PMI), which gives an independent snapshot of the country’s manufacturing sector, dropped to 50.6 in March from 50.9 the previous month, according to a report released Thursday.

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