China factory activity slows slightly on new Covid-19 wave
Beijing (AFP) Jan 31, 2021
Factory activity in China slowed slightly in January, official data showed Sunday, as the country rushed to stamp out a recent coronavirus wave in northern China. The purchasing managers' index (PMI), a key gauge of manufacturing activity, came in at 51.3 this month, as the world's second-largest economy tightened Covid-19 precautions ahead of the Lunar New Year. The figure was slightly