Slower China manufacturing activity growth dents economic recovery prospects

BEIJING¬† ¬†-China’s manufacturing activity expanded at a slower pace in March, official data showed on Friday, dousing hopes of a strong post-COVID factory recovery amid weaker global demand and a property market downturn. The services sector was stronger, with activity expanding at the fastest pace in nearly 12 years after the end of China’s zero-COVID … Continue reading Slower China manufacturing activity growth dents economic recovery prospects