China's factory activity shrank for a fifth straight month and the services sector slowed sharply in September, suggesting Beijing will need even more stimulus to hit its 2024 growth target with ...
China’s factory activity continued to contract while the services sector slowed last month, as Chinese policymakers prepared an emergency stimulus blitz to revive an economy facing challenges across ...
such as appliance makers and manufacturers of building materials. It has slowed China’s recovery from the massive disruptions of the COVID-19 pandemic, adding to pressures on Chinese consumers ...
Yihong is not alone. Powered by advancements in manufacturing and supply chain strength over the past decade, China is no longer just the world's factory, but a critical player in shaping the ...