An employee next to diapers displayed for sale at a Shanghai Aiyingshi Co. Babemax store in Shanghai, China, in 2017. Photo: Bloomberg

China’s economic slowdown leads to a diaper depression

  • The dip in sales stands in contrast to a boom in global demand in recent years, including in China
  • China accounts for 30 per cent of International Paper’s fluff-pulp sales, which is used in diapers
Topic |   China economy

TOP PICKS

An employee next to diapers displayed for sale at a Shanghai Aiyingshi Co. Babemax store in Shanghai, China, in 2017. Photo: Bloomberg
READ FULL ARTICLE
The official purchasing managers’ index (PMI) rose to 49.5 this month from 49.4 in December. This was higher than the expectations of a group of analysts polled by Bloomberg, which had predicted that it would dip slightly to 49.38. Photo: Reuters

China’s manufacturing shrank again in January, as fears of further economic slowdown mount

  • Official purchasing managers’ index (PMI) rose to 49.5 from 49.4 in December as factory activity in China contracted for a second consecutive month
  • Non-manufacturing PMI rose to 54.7 from 53.8 in January, well above analysts’ expectations of 53.8, according to Bloomberg poll
Topic |   China economy

TOP PICKS

The official purchasing managers’ index (PMI) rose to 49.5 this month from 49.4 in December. This was higher than the expectations of a group of analysts polled by Bloomberg, which had predicted that it would dip slightly to 49.38. Photo: Reuters
READ FULL ARTICLE