New numbers from China show decline in activity

China warns of upcoming challenges for manufacturers. New orders declined for the second consecutive month, and the index for new export orders also went south.

BY RITZAU FINANS

The Chinese PMI index for the manufacturing sector showed a slowdown in activity growth. But when it comes to the expansion itself - or lack thereof - there is a divergence between the official estimate and the calculations from Caixin Media and Markit Economics.

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New numbers from China show decline in activity

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

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