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Realtime News
Home > News > Realtime News
Home > News > Realtime News
China Manufacturing Edges Higher
Posted on 2021-12-31 15:06:01

A survey shows Chinese factory activity edged higher in December as supply
disruptions eased and export demand weakened.

The monthly purchasing managers' index issued by the national statistics
agency and an industry group gained to 50.3 from November's 50.1 on a
100-point scale.

Numbers above 50 show activity accelerating.

Chinese manufacturing has been hampered by shortages of some components
including semiconductors and disruptions in shipping.

Some areas ordered factories to shut down temporarily starting in September
to meet official energy efficiency targets.

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