Smaller firms in China have struggled to resume operations after the coronavirus severely disrupted the economy in the first two months of the years. Photo: Xinhua
Smaller firms in China have struggled to resume operations after the coronavirus severely disrupted the economy in the first two months of the years. Photo: Xinhua

Coronavirus: China’s small factories stabilised in March after lockdown, private PMI shows

  • Caixin/Markit PMI for March came in at 50.1, following an all-time low of 40.3 in February. A reading above 50 signifies growth
  • Survey follows official PMI which also showed positive outlook for larger Chinese manufacturers

Smaller firms in China have struggled to resume operations after the coronavirus severely disrupted the economy in the first two months of the years. Photo: Xinhua
Smaller firms in China have struggled to resume operations after the coronavirus severely disrupted the economy in the first two months of the years. Photo: Xinhua
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