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In December, Chinese industrial activity fell for the first time in more than two years, which shows that Beijing has a huge challenge in trying to end a fierce trade war with Washington and reduce the risk of economic downturn. more pronounced in 2019.
Growing pressure on the industry is a sign of a further loss of speed in China, raising concerns about slowing global growth, especially if the dispute Chinese-American continues. damage global supply chains and fuel fears of an intensification of the problem for global trade, investments and unstable financial markets next year.
The Purchasing Managers Index (PMI) – the first to show the state of China's economy every month – fell to 49.4 in December, below the level of 50 points separating growth A survey conducted by the National Statistics Agency (NBS) revealed Monday
that this was the first decline since July 2016 and the lowest forecast since February 2016. Analysts had predicted a fall in the index from 50, 0 the previous month to 49.9
China is expected to implement more economic support measures in the coming months, in addition to a certain number of initiatives this year. A prolonged deceleration of the manufacturing sector, which is fundamental for employment, would probably trigger new attempts to stimulate domestic demand.
In November, industrial production rose to its lowest level in almost three years, while industrial profits first in almost three years
