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US News China-rebound in the manufacturing activity in December-Caixin

06:05  04 january  2022
06:05  04 january  2022 Source:   rfi.fr

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China-Economy / PMI: China-rebound in the manufacturing activity in December-Caixin

PEKIN, January 4 (Reuters) - Manufacturing activity in China has progressed In December at its highest pace in six months, raised by an acceleration of production and relief from inflationary pressures, show published results on Tuesday of a private investigation, but the state of the labor market fueled the uncertainties.

The Manufacturer PMI index calculated by Caixin / Markit was established last month at 50.9, a peak since June 2021, after 49.9 in November. The consensus came to 50, the threshold separating contraction and expansion of the activity.

According to the survey, industrial production increased in December at an unprecedented pace in one year, while the Chinese government has taken steps to promote the supply of raw materials and stabilize prices, whose outbreaks weighed. on industrial companies.

But it also shows that new export orders have again declined, certainly at a lower pace than in November, while an employment index remained in negative territory to settle to a plus Low since last February. (Report Gabriel Crossley, French version Jean Terzian)

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