The indicators offer an alarming first official look at the health of China’s economy after the Trump administration imposed sweeping tariffs of 145% on Chinese products. Photo: Bloomberg
Follow us on Facebook and join our Telegram channel for the latest updates.
China's factory activity slipped into the worst contraction since December 2023, revealing early damage from Donald Trump's tariffs and prompting calls for a speedy policy boost.
The official manufacturing purchasing managers' index fell more than expected to 49 from 50.5 in March, the National Bureau of Statistics said Wednesday. The non-manufacturing measure showed activity in construction and services grew less than forecast.
Never miss out on important financial news and get daily updates today
×
Download The Edge Singapore App
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
