Chinese manufacturing weakens amid COVID-19 outbreak

Dec 30, 2022, 8:04 AM | Updated: 10:05 pm
FILE - Shoppers walk through a reopened shopping mall after authorities started easing some of the ...

FILE - Shoppers walk through a reopened shopping mall after authorities started easing some of the anti-virus controls in Beijing on Dec. 6, 2022. Chinese manufacturing weakened for a third consecutive month in December, in the biggest drop since early 2020, as the country battles a nationwide COVID-19 surge after suddenly easing its anti-epidemic measures. (AP Photo/Andy Wong, File)

(AP Photo/Andy Wong, File)

BEIJING (AP) — Chinese manufacturing contracted for a third consecutive month in December, in the biggest drop since early 2020, as the country battles a nationwide COVID-19 surge after suddenly easing anti-epidemic measures.

A monthly purchasing managers’ index declined to 47.0 from 48.0 in November, according to data released from the National Bureau of Statistics on Saturday. Numbers below 50 indicate a contraction in activity.

The contraction was the biggest since February 2020, when the COVID-19 pandemic had just started.

The weakening comes as China earlier this month abruptly relaxed COVID-19 restrictions after years of attempts to stamp out the virus. The country of 1.4 billion is now facing a nationwide outbreak and authorities have stopped publishing a daily tally of COVID-19 infections.

Several other sub-indexes, including for large enterprises, production and demand in the manufacturing market also dropped compared to November.

“Some surveyed companies reported that due to the impact of the epidemic, the logistics and transportation manpower was insufficient, and delivery time had been extended,” said Zhao Qinghe, a senior economist at the statistics bureau in a published analysis of the December data.

According to data from the bureau, sectors including construction saw expansion in December together with sub-indexes that measure industries such as air transport, telecommunications, and monetary and financial services.

The purchasing managers’ index for China’s non-manufacturing sector also fell to 41.6 in December, down from 46.7 in November.

China is likely to miss its goal of 5.5% economic growth this year, with forecasters cutting their outlook to as low as 3% in annual growth, which would be the second weakest since at least the 1980s.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Associated Press

Eritrean leader dismisses as ‘fantasy’ alleged Tigray abuses

NAIROBI, Kenya (AP) — Eritrea’s president in rare public comments has dismissed as “a fantasy” allegations that his country’s forces carried out rape, looting and other abuses in the war in neighboring Ethiopia’s Tigray region. President Isaias Afwerki, the only leader Eritrea has known in its 30 years since independence, spoke to journalists Thursday during […]
1 day ago
FILE - A sign at Twitter headquarters is shown in San Francisco, Dec. 8, 2022. New research shows c...
Associated Press

EU calls out Twitter for incomplete disinformation report

LONDON (AP) — Twitter failed to provide a full report to the European Union on its efforts to combat online disinformation, drawing a rebuke Thursday from top officials of the 27-nation bloc. The company signed up to the EU’s voluntary 2022 Code of Practice on Disinformation last year — before billionaire Tesla CEO Elon Musk […]
1 day ago
European Council President Charles Michel, front right, speaks with Ukraine's President Volodymyr Z...
Associated Press

Zelenskyy: Ukraine intercepted plans to destroy Moldova

BRUSSELS (AP) — Ukrainian President Volodymyr Zelenskyy said Thursday that his country has intercepted plans by Russian secret services to destroy Moldova Speaking to European Union leaders in Brussels, Zelenskyy said he recently told Moldovan President Maia Sandu about the alleged scheme. “I have informed her that we have intercepted the plan of the destruction […]
1 day ago
Associated Press

FTX founder keeps talking, ignoring typical legal strategy

NEW YORK (AP) — For federal prosecutors, Sam Bankman-Fried could be the gift that keeps on giving. After the November collapse of FTX, the cryptocurrency exchange he founded in 2019, Bankman-Fried unexpectedly gave a series of interviews intended to present his version of events. He was indicted in December and charged with perpetrating one of […]
1 day ago
FILE - In this Tuesday, Oct. 1, 2013, file photo, lawmaker of the extreme far-right Golden Dawn par...
Associated Press

Far-right party banned from upcoming election in Greece

ATHENS, Greece (AP) — Greece’s parliament has banned a far-right political party led by a jailed former lawmaker from participating in the general election later this year. Parliament published the text of a legislative amendment Thursday that will disqualify the Greek National Party on the grounds that its leader has been convicted of a serious […]
1 day ago
Bottles of Pepsi are displayed in a grocery store, Ill., Thursday, Feb. 10, 2022. PepsiCo reports t...
Associated Press

Pepsi price hikes fuel 10% jump in the fourth quarter sales

PepsiCo reported better-than-expected sales in the fourth quarter after hiking prices for its drinks and snacks. Revenue rose more than 10% to $28 billion. That was better than the $26.8 billion Wall Street had forecast, according to analysts polled by FactSet. Pepsi raised prices in a number of markets as it continued to battle double-digit […]
1 day ago

Sponsored Articles

safety from crime...

As crime increases, our safety measures must too

It's easy to be accused of fearmongering regarding crime, but Seattle residents might have good reason to be concerned for their safety.
Comcast Ready for Business Fund...
Ilona Lohrey | President and CEO, GSBA

GSBA is closing the disparity gap with Ready for Business Fund

GSBA, Comcast, and other partners are working to address disparities in access to financial resources with the Ready for Business fund.
SHIBA WA...

Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
Anacortes Christmas Tree...

Come one, come all! Food, Drink, and Coastal Christmas – Anacortes has it all!

Come celebrate Anacortes’ 11th annual Bier on the Pier! Bier on the Pier takes place on October 7th and 8th and features local ciders, food trucks and live music - not to mention the beautiful views of the Guemes Channel and backdrop of downtown Anacortes.
Swedish Cyberknife Treatment...

The revolutionary treatment of Swedish CyberKnife provides better quality of life for majority of patients

There are a wide variety of treatments options available for men with prostate cancer. One of the most technologically advanced treatment options in the Pacific Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform at Swedish Medical Center.
Chinese manufacturing weakens amid COVID-19 outbreak