Chinese Industrial Output Slipped Again

Remaining strongly of the opinion this is about lacking water and Covid is just social control in the face of a hellish economy.…


The official manufacturing purchasing managers’ index (PMI) rose to 49.4 in August from 49.0 in July, the National Bureau of Statistics (NBS) said on Wednesday.

While the PMI slightly beat expectations for 49.2 in a Reuters poll of analysts, it remained below the 50-point mark that separates contraction from growth for the second straight month, suggesting protracted weakness in the sector.