Tue, 03 Mar 2020 22:00:58 +0000
The latest PMI (Purchasing Manager’s Index) reading from the National Bureau of Statistics confirms what we all had expected: the coronavirus has dealt a merciless blow to Chinese manufacturing. The official Chinese PMI, which tracks larger businesses, slumped to 35.7 index points from the 50 points reported in January. The Caixin PMI index, surveying small-to-medium …
Full article: https://www.hellenicshippingnews.com/chinas-pmi-contracted-to-35-7-index-points-in-february-what-does-it-mean-for-shipping/