A worker drives a forklift past rolled aluminium coils at a factory in Huaibei, Anhui province. China’s manufacturing PMI fell to 49.2 in February 2019, showing a contraction. Photo: Reuters

Chinese entrepreneurs’ pessimism stands out as Fidelity survey points to a gloomy 2019

  • Weaker consumer sentiment and increasing costs of doing business are the core drivers of this year’s pessimism, says Michael Sayers, equities research director at Fidelity
  • Fidelity’s sentiment index in China at -0.4 compared to 0.6 for rest of the world
Topic |   China economy

TOP PICKS

A worker drives a forklift past rolled aluminium coils at a factory in Huaibei, Anhui province. China’s manufacturing PMI fell to 49.2 in February 2019, showing a contraction. Photo: Reuters
READ FULL ARTICLE