China January factory activity expands at slowest pace in seven months

Chinese factory activity expanded at the slowest pace in seven months at the start of 2021, weighed down by falling export orders amid a surging pandemic and rising costs, a business survey showed on Monday.
The slowdown in the manufacturing sector underscores the fragility of the ongoing economic recovery in China, as Beijing grapples with a resurgence of local Covid-19 cases in northern China and navigates rising tensions with Washington and its allies.
 
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