Today news
About the same in other media
China’s Manufacturing Activity Contracted Further in April
Reading now: 257
BEIJING—A contraction in China’s factory and service-sector activity worsened for a second straight month in April, falling to their lowest levels since the depths of the initial pandemic outbreak, as lockdowns in dozens of cities across the country shut down production and pummeled consumer spending.
China’s National Bureau of Statistics said Saturday its official manufacturing purchasing managers index dropped to 47.4 in April, from 49.5 in March, falling to the lowest level since March 2020. The result fell short of the median forecast of a 48.0 reading by economists polled by The Wall Street Journal, and well below the 50 mark that separates expansion from contraction.
Read more on wsj.comAbout this in other media
China’s Global Bitcoin Hashrate Share Leaps up from Zero to Over 21% - Report cryptonews.com /2 years ago
China returns as 2nd top Bitcoin mining hub despite the crypto ban cointelegraph.com /2 years ago
JPMorgan picks China stocks to play Beijing's infrastructure boost cnbc.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Bitcoin [BTC] to $0 or $1,000,000? That is the question for the king coin](https://fvbb.com/storage/thumbs_400/img/2022/5/9/24149_rweez.jpg)
