The Caixin/Markit manufacturing Purchasing Manager’s Index (PMI), for April 2020 was 49.4
The Caixin/Markit manufacturing Purchasing Manager’s Index (PMI) for China’s factory activities in April 2020 was 49.4. from 50.1 in the previous month. Meanwhile, China’s National Bureau of Statistics said manufacturing activity in the country expanded slightly, reporting official manufacturing PMI of 50.8 for the month of April, as compared to 52.0 in March. Source: CNBCFull Content: https://www.cnbc.com/2020/04/30/china-reports-official-april-manufacturing-data-as-coronavirus-lockdowns-ease.html?fbclid=IwAR3VdcU0LAxyDnLEMFPZYBJ_kaMzLCfKljIGsvKBe4l2UIoVa1ESPVnsnoU
Global economy in 2020 on track for sharpest downturn since 1930s: IMF
The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will mark the steepest downturn since the Great Depression of the 1930s, the International Monetary Fund said on Tuesday. The IMF, in its 2020 World Economic Outlook, predicted a partial rebound in 2021, with the world […]