China Factory Activity Gradually Improves as Lockdowns Ease
Efforts to ease some restrictions are helping companies resume production and putting a floor under the decline in activity.
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Efforts to ease some restrictions are helping companies resume production and putting a floor under the decline in activity.
Newly unveiled policy items are expected to help alleviate the severity of China’s economic growth slowdown, but economists remain cautious on the full-year growth outlook.
Donnelle Eller reported on the front page of today's Des Moines Register that, "This year's planting season is about as unusual as Blake Reynolds can recall: Snow, rain and cold meant he started planting corn and soybeans this year in mid-May, about when he finished planting his crop last year. And the year before."
BEIJING--China’s factory and consumer activity fell even more than expected in April under anti-virus controls, official data showed Monday, but a Cabinet official said the economy is reviving as anti-virus curbs ease and its commercial capital of Shanghai reopens.
Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers, in another push to prop up its property market and revive a flagging engine of the...