A survey of Chinese manufacturers has found business sentiment at its lowest since June last year. Photo: Reuters
A survey of Chinese manufacturers has found business sentiment at its lowest since June last year. Photo: Reuters

China’s January factory activity expanded at slowest pace in seven months

  • Caixin/Markit manufacturing purchasing managers’ index (PMI) fell to 51.5 in January, the lowest level since June 2020
  • Production and new orders both fall to lowest levels since last spring