China's Manufacturing PMI Shows Slight Improvement in January
TL;DR Summary
China's manufacturing activity contracted for the fourth consecutive month in January, with the official purchasing managers' index rising slightly to 49.2 from 49 in December, indicating a continued contraction. The official non-manufacturing managers' index also rose to 50.7 from 50.4 in December. These figures highlight the need for policy support in the world's second-largest economy, as Beijing announced last week.
- China PMI: Manufacturing activity shrank for 4th straight month in January CNBC
- China's January factory activity likely contracted but less sharply Reuters
- China's Manufacturing PMI Remained in Contraction for January The Wall Street Journal
- China's manufacturing activity rebounds slightly, but remains in contraction South China Morning Post
- China factory activity improves in January ahead of Lunar New Year Nikkei Asia
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