China manufacturing weakens further as lockdowns continue
ABC News
China’s manufacturing activity fell to a six-month low in April as lockdowns continued in Shanghai and other manufacturing hubs in an attempt to stem COVID-19 outbreaks
BEIJING -- China’s manufacturing activity fell to a six-month low in April as lockdowns continued in Shanghai and other manufacturing hubs in an attempt to stem COVID-19 outbreaks, according to a survey released Saturday.
The monthly purchasing managers’ index, released by China’s National Bureau of Statistics, fell to 47.4 in April, down from 49.5 in March on a 100-point scale. Numbers below 50 show activity contracting.
The domestic COVID-19 outbreaks have impacted China’s factory activities and market demand, said the bureau's statistician Zhao Qinghe.
Some enterprises have reduced or stopped production, with disruptions in logistics as well as the supply or raw materials and components.
