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China Private Sector Sinks Into Deeper Contraction Amid Covid Scare

Por: RTTNews Business January 02, 2023

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China's manufacturing and services sectors weakened the most since early 2020 despite the abrupt abandonment of zero Covid policy in December amid public resistance, as the number of infections rise that prompted several countries to raise alerts and, bring back testing and protective measures. The official manufacturing Purchasing Managers' Index declined to 47.0 in December from 48.0 in the previous month, survey data published by... + full article



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