China manufacturing activity grows for third straight month
Beijing (AFP) Dec 31, 2024
China's manufacturing activity expanded in December for the third month in a row, official data showed Tuesday, as leaders fight to reverse a slowdown in the world's number two economy. The country has struggled to climb out of a slump fuelled by a property market crisis, weak consumption and soaring government debt. China's Purchasing Managers' Index (PMI) - a key measure of industrial
China's manufacturing activity expanded in December for the third month in a row, official data showed Tuesday, as leaders fight to reverse a slowdown in the world's number two economy. The country has struggled to climb out of a slump fuelled by a property market crisis, weak consumption and soaring government debt. China's Purchasing Managers' Index (PMI) - a key measure of industrial