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Al Jazeera
Al Jazeera
World

China manufacturing output drops to lowest level in 2 years

China Caixin Covid-19 Dan Wang NBS Zhao Qinghe Beijing
The official non-manufacturing PMI plummetted to its lowest level since early 2020 as well, NBS figures showed [File: Aly Song/Reuters]

China’s manufacturing activity slumped to its lowest level since February 2020, official data showed on Saturday, the latest sign of economic pain as Beijing doggedly pursues its zero-Covid response.

The official Purchasing Managers’ Index (PMI), a key gauge of manufacturing activity, clocked 47.4 in April – below the 50-point mark separating growth from contraction – as authorities said that a “decline in production and demand” has deepened.

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