China factory activity sees shock contraction on Covid-19 outbreaks - News24

China’s economic recovery has been fragile as the government relaxes curbs with easing Covid-19 outbreaks, but then tightens them again wherever the virus pops back up

China’s factory activity unexpectedly contracted in July, reversing earlier economic momentum as sporadic Covid-19 outbreaks weigh on the recovery.  The official manufacturing purchasing managers in… [+1396 chars]

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