China’s Factory Activity Slumps in February to Weakest Reading on Record

March 1st, 2020

I happened to be listening to this in the background:

Via: CNBC:

A private survey showed China’s manufacturing activity slumped in February, as the coronavirus outbreak hit the world’s second largest economy.

On Monday, the Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) came in at 40.3 for February — the lowest reading since the survey was launched in early 2004.

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