The official manufacturing purchasing managers’ index (PMI) dropped to 35.7, the National Bureau of Statistics (NBS) said on Saturday, having slipped to 50.0 in January when the impact of the coronavirus was not yet visible. Photo: EPA-EFEThe official manufacturing purchasing managers’ index (PMI) dropped to 35.7, the National Bureau of Statistics (NBS) said on Saturday, having slipped to 50.0 in January when the impact of the coronavirus was not yet visible. Photo: EPA-EFE
The official manufacturing purchasing managers’ index (PMI) dropped to 35.7, the National Bureau of Statistics (NBS) said on Saturday, having slipped to 50.0 in January when the impact of the coronavirus was not yet visible. Photo: EPA-EFE

Coronavirus: China’s factory activity plunges to all-time low, worse than global financial crisis, February data show

  • China’s official manufacturing purchasing managers’ index (PMI) dropped to 35.7 in February from 50.0 in January, below the 38.8 figure reported in November 2008
  • The non-manufacturing PMI – a gauge of sentiment in the services and construction sectors – also dropped to 29.6 from 54.1 in January, the lowest since November 2011
Topic |   Coronavirus pandemic
The official manufacturing purchasing managers’ index (PMI) dropped to 35.7, the National Bureau of Statistics (NBS) said on Saturday, having slipped to 50.0 in January when the impact of the coronavirus was not yet visible. Photo: EPA-EFEThe official manufacturing purchasing managers’ index (PMI) dropped to 35.7, the National Bureau of Statistics (NBS) said on Saturday, having slipped to 50.0 in January when the impact of the coronavirus was not yet visible. Photo: EPA-EFE
The official manufacturing purchasing managers’ index (PMI) dropped to 35.7, the National Bureau of Statistics (NBS) said on Saturday, having slipped to 50.0 in January when the impact of the coronavirus was not yet visible. Photo: EPA-EFE
READ FULL ARTICLE