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China’s manufacturing activity expanded in January, surveys show

放大字体  缩小字体 Release date:2025-05-16  Author:cutting tools  Views:812
Core Tip:BEIJING Two surveys show Chinas manufacturing activity expanded in January, adding to signs of an economic rec

Chinas manufacturing activity expanded in January, surveys showBEIJING Two surveys show Chinas manufacturing activity expanded in January, adding to signs of an economic recovery, but growth was weak.

The government-sanctioned China Federation of Logistics and Purchasing said Friday its purchasing managers index stood at 50.4 on a 100-point scale on which numbers above 50 show an expansion. Separately, HSBC Corp. said its index stood at 52.3 on a similar 100-point scale.

In a reflection of the shaky state of Chinas recovery, the logistics groups index showed a small decline from December.

Chinas economic growth rebounded to 7.9 per cent in the three months ending in December, up from the previous quarters three-year low of 7.4 per cent. Analysts warn, though, that the country could face a setback if trade or investment growth weakens.


 
 
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