The growth of China’s factory activity is 3 months in February, 3-month altitude and returns to work after holidays

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Leoch International Technology Technology Ltd. On Saltillo, Coahuila, Mexico, October 7, 2024 in Leoch International Technology Ltd. Welding acid batteries in Leoch International Technology Ltd.

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China’s factory activity expanded in the fastest pace in three months. 50.8 In February, Showed a private sector survey on Monday, As millions of migrant workers go back to work after a long lunar New Year holiday.

Seasonally adjustable CAIXIN / S & P Global Production Management Index in 50.3 years in 50.3 in 50.1 ACTERS Survey forecast, 50.1 from 50.1.

PMI, which produces a private sector, was left over 50 thresholds expanding since October last year.

On Monday, this special inquiry followed Official production PMI Since November, the February factory in China was released on Saturday, showing the fastest PACE in factory activities.

Official PMI rose February 49.1 in January 50.2, According to the National Bureau of Statistics. Service and construction, as well as non-producing PMI in January to 50.4.

The figures can put pressure on the country’s production activities of fresh tariffs in the country – this year can put pressure on the production activities of the country organized by a quarter of China’s GDP.

In February, the new export orders since the last April, according to the survey on Monday, as “required from foreign customers”.

More strong external demand for Chinese-made goods, higher purchasing, Zichun, Huang, also noted the presecorded to the economic economist, noted.

US President Donald Trump, announced that it will be applied last week Additional 10% Tariffs in Chinese goods – In 10%, he was caught in China on February 4. Trump threatened 60% of China’s tariffs on the campaign trail.

Additional tariffs are scheduled to be delivered on March 4, coincide with High profile annual collection The Chinese leadership is expected to open economic goals for 2025 and fresh policy support.

Attention despite the potential Reference measures from BeijingInvestors also wait for more government details on a large stimulus plan, including a wide stimulus economy, including extensive stimulus economy, including constant disinferingic pressure.

Patchy recovery

The upcoming parliamentary meetings are expected to be in charge of China admit that there is a significant softening in domestic demand while revealing Very anticipated details about financial stimulum The United States is intended to follow the growth in the face of trade tension.

Although the combination of fiscal support and combination of “Tariff Front”, the total increase in the quarter is likely to reduce the total increase in China’s economy, but the capital economy said.

“Leadership is difficult to see how slowly slowing down this year, without stimulating even more expected at the National People’s Congress,” Huang.

According to Monday, local consumption, domestic consumption, transport prices remained under investment and investment products, especially in the factories, especially more sharply.

This profit margin further squeezed, the cost of copper and certain chemical products, showed a survey.

Production of manufacturers, employers in the production sector, especially because it continues to prioritize costs between consumer goods producers, slipped a little lower than five years.

 
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