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China’s new coronavirus outbreaks expose vulnerable economic recovery as January factory activity slows

Summary:
[unable to retrieve full-text content]After becoming the only major economy to record positive growth in 2020, China’s recovery from the coronavirus pandemic appears to have plateaued this year, with lockdown measures to control virus outbreaks in the north expected to drag on first quarter output, according to new business surveys and analysts.However, the loss of economic steam could allay some market concern that Chinese policymakers were primed to roll back monetary stimulus measures too quickly.The Caixin/Markit Manufacturing…

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[unable to retrieve full-text content]
After becoming the only major economy to record positive growth in 2020, China’s recovery from the coronavirus pandemic appears to have plateaued this year, with lockdown measures to control virus outbreaks in the north expected to drag on first quarter output, according to new business surveys and analysts.However, the loss of economic steam could allay some market concern that Chinese policymakers were primed to roll back monetary stimulus measures too quickly.The Caixin/Markit Manufacturing…

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