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INVESTIGATION: Extortion, inflated costs the Nigerian marriage registry where fraud is a norm
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No career path, no raise for Nigeria s contract bank workers
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No career path, no raise for Nigeria s contract bank workers | Banks News
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June manufacturing activity at 3-month low, purchasing slows: Caixin
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Article content
New export orders, on the other hand, fell for the second consecutive month in June and at a faster pace.
Zhao Qinghe, a senior statistician at the NBS, attributed the slowdown in production to constraining factors such as a shortage of semiconductors, inadequate coal supply, a power crunch and maintenance of equipment.
With many countries ramping up vaccination programs, global demand should start to recover faster. But pandemic-driven stimulus measures could supercharge global inflation and add to the problems of China’s vast manufacturing sector.
Chinese authorities have said they would curb any unreasonable increases in commodity prices. The state planner has launched investigations into the coal, iron ore and fertilizer markets, sending prices lower.