Economics

China Manufacturing Loses Steam as Growth Risks Mount

  • Activity at small firms weakest since depth of pandemic
  • Factories often see output lull before Lunar New Year holidays
WATCH: Breaking down Chinese economic data.Source: Bloomberg
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China’s manufacturing sector expanded at a slower pace in January as a seasonal slowdown, Covid-19 outbreaks and a housing market drop dragged activity at small firms to the weakest since the depth of the pandemic.