Economics

China Factory Orders Drop in Ominous Sign for Global Outlook

  • Demand for tents to zippers drops as inflation hurts consumers
  • Covid Zero ructions mean China’s economy faces uncertainties

Employees work on the production floor at an auto parts factory in Shanghai, China.

Photographer: Qilai Shen/Bloomberg
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Investors wanting to gauge the health of global consumer sentiment should look no further than China’s factories right now.