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Among China’s manufacturers, sentiment is dismal | Coronavirus

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Among China’s manufacturers, sentiment is dismal | Coronavirus Empty Among China’s manufacturers, sentiment is dismal | Coronavirus

Post  Admin Sun Mar 08, 2020 4:32 pm

Manufacturers across China have endured long and unexpected shutdowns since late January because of a coronavirus epidemic. Many factories are still closed. Overseas buyers have stopped coming.

Even allowing for that, the country’s first official survey of manufacturing purchasing managers since the epidemic began shows that sentiment is utterly dismal and much worse than expectations.

China’s National Bureau of Statistics released the survey on Saturday morning, and it showed a score of just 35.7 for manufacturers. Any score below 50 shows that they see the manufacturing economy in decline. A reading above 50 indicates expansion. The score in January was exactly 50, or neutral.

Check availability of respirator in E-Shops in Europe


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