China’s industrial profits – the money made by its largest industrial firms – fell by 3.3 per cent in the whole of 2019. Photo: ReutersChina’s industrial profits – the money made by its largest industrial firms – fell by 3.3 per cent in the whole of 2019. Photo: Reuters
China’s industrial profits – the money made by its largest industrial firms – fell by 3.3 per cent in the whole of 2019. Photo: Reuters

China manufacturing outlook worsened in January, even before coronavirus outbreak

  • The Caixin manufacturing purchasing managers’ index (PMI), a survey of small, private producers in China, was 51.1 in January, down from 51.5 in December
  • China’s industrial profits – the money made by its largest industrial firms – also fell by 3.3 per cent in the whole of 2019 after falling 6.3 per cent in December
Topic |   China economy
China’s industrial profits – the money made by its largest industrial firms – fell by 3.3 per cent in the whole of 2019. Photo: ReutersChina’s industrial profits – the money made by its largest industrial firms – fell by 3.3 per cent in the whole of 2019. Photo: Reuters
China’s industrial profits – the money made by its largest industrial firms – fell by 3.3 per cent in the whole of 2019. Photo: Reuters
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