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Many producers in the textile apparel sector are on tenterhooks as export orders are increasingly shifting to other countries like Bangladesh or India for more favourable pricing.
China following the easing of covid—19 restrictions. going to china were on about how authorities are expected to release the data start up on the country's factory activity. it fell to a five—month low inmate marking the second straight month of construction. the economy engine has been showing signs of slowing after the post covid rebound we saw in the beginning of the year. earlier i spoke with katrina who told me what the expectations are.- who told me what the expectations are. we expect that the chinese _ expectations are. we expect i that the chinese manufacturing pmi will come in a...
Largest market north america and in china, following the easing of covid—19 restrictions. well, investors will also be keeping a close eye on china today. in a few hours, authorities are expected to release the latest data on the country's facotry activity. that fell to a five month low in may... marking the second straight month of contraction in factory activity. china's economic engine have been showing signs of slowing after the post covid rebound that we saw in the beginning of the year. for more on this, katrina ell of moody's analytics joined us. she told me her expectations. we are e...
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The report’s key metric, the PMI, registered a 46.9 reading (a reading of 50 or higher indicates growth), falling 0.2% off of April’s 47.1 reading.