China's factory activity likely grew for the fourth month June but the pace may be waning, as global demand stayed subdued while a fresh coronavirus outbreak in the Chinese capital and rising worldwide cases threaten to undermine a gradual domestic recovery.
BEIJING - China’s factory activity likely grew for the fourth month June but the pace may be waning, as global demand stayed subdued while a fresh coronavirus outbreak in the Chinese capital and rising worldwide cases threaten to undermine a gradual domestic recovery.
With travel bans finally lifted in April in Wuhan, the epicentre of the country’s coronavirus crisis, China has largely managed to recover from strict lockdowns that had led to weeks of economic paralysis. “We received a stark reminder this week that the fight against COVID-19 is not over, as new cases globally thrice reached new highs,” Morgan Stanley said in a note Monday.The fallout from the global pandemic has left factories in China, and elsewhere, operating below strength amid slack demand.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Virtual Pride events offer new way to celebrate LGBTQ history and culture in JuneLGBTQ Pride festivals around the world have been canceled amid coronavirus, but dozens of alternatives have cropped up for people to celebrate virtually.
Weiterlesen »
Vera Lynn died on June 18thDuring the second world war, Vera Lynn felt it was her special duty to cheer up those who were forgotten
Weiterlesen »
Suspect charged with murder of three in June 20 UK stabbingUK counter-terrorism police have charged Khairi Saadallah, a 25-year-old Libyan refugee, with three counts of murder and three counts of attempted murder for a stabbing attack in an English park a week ago.
Weiterlesen »
The Weekly Pulse, June 20-26: Health News You Should KnowIn this edition of The Weekly Pulse, we take a look at the newest updates on the coronavirus pandemic; accelerating abortion attacks; the connection between racism, demonstrations and Black health; as well as recent risks to reproductive health.
Weiterlesen »
Satellite images show buildup on disputed India-China borderSatellite images show construction activity apparently underway on both the Indian and Chinese sides of a contested border high in the Karakoram mountains. The activity comes a week after a deadly clash in the area left 20 Indian soldiers dead.
Weiterlesen »