BUSINESS / ECONOMY
China's official manufacturing PMI rebounds to 49.4 in August, up from 49 in July
Published: Aug 31, 2022 09:42 AM
Industry PMI Photo:VCG

Industry PMI Photo:VCG

China's official manufacturing PMI rebounds to 49.4 in August from 49 in July, as COVID prevention measures improve and stimulus policies take effect. Analysts noted the rebound had been tempered by power shortages in parts of the country.