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China's factory activity growth slows in December as export orders decline

share-iconFriday, January 03 comment-icon2 weeks ago 9 views
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scmpSCMP
China's factory activity growth slows in December as export orders decline

Credited from: SCMP

  • China's factory activity grew in December, but at a slower-than-expected pace according to a private-sector survey.
  • The Caixin/S&P Global manufacturing PMI fell to 50.5 from 51.5, missing analysts’ forecasts of 51.7.
  • New export orders returned to contraction, marking the fourth decline in five months, raising concerns over future trade.
  • Despite some stability in parts of the economy due to policy support, manufacturers expressed eased optimism for 2025.
  • Economists call for increased official efforts to enhance household income and boost domestic consumption as risks loom.

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China Factory activity Manufacturing Caixin pmi Economic growth Trade tensions Exports
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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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