{"id":732780,"date":"2026-01-31T10:07:18","date_gmt":"2026-01-31T10:07:18","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/732780\/"},"modified":"2026-01-31T10:07:18","modified_gmt":"2026-01-31T10:07:18","slug":"chinas-factory-activity-contracts-in-january-on-weak-domestic-demand","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/732780\/","title":{"rendered":"China\u2019s factory activity contracts in January on weak domestic demand"},"content":{"rendered":"

China\u2019s factory activity<\/a> faltered in January as weak domestic demand dragged down production at the start of the new \u200dyear, an official survey showed on Saturday.<\/p>\n

The official purchasing managers\u2019 index (PMI) dropped to 49.3 in January, from 50.1 in December, below the 50-mark separating growth from contraction. It missed a forecast of 50 in a Reuters poll of analysts.<\/p>\n

Sub-indexes of new orders and new export orders also saw declines, respectively, down to 49.2 from 50.8 \u2060in December and 47.8 from 49.0 in December.<\/p>\n

The non-manufacturing PMI, which includes services and construction, dropped to 49.4 from 50.2 in December, falling to its lowest since December 2022.<\/p>\n

A statistician with the National Bureau of Statistics<\/a>, Huo Lihui, said in a note that some types of manufacturers traditionally enter a slow period in January and market demand remains weak.But the headline figure masked deep-seated imbalances in the economy. Retail<\/a> \u200dsales weakened further in the final quarter, dragging fourth-quarter gross domestic product<\/a> growth to a three-year low.<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s factory activity faltered in January as weak domestic demand dragged down production at the start of the…\n","protected":false},"author":2,"featured_media":732781,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[3801,51,1395,217530,29343,32,1700,3448,28144,217531,51925,217529,55313,24068,90024,26948,51924,16,15,1773],"class_list":{"0":"post-732780","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-beijing","9":"tag-business","10":"tag-china","11":"tag-chinas-central-bank","12":"tag-december","13":"tag-donald-trump","14":"tag-economy","15":"tag-gdp","16":"tag-gross-domestic-product","17":"tag-huo-lihui","18":"tag-january","19":"tag-lu-ting","20":"tag-national-bureau-of-statistics","21":"tag-nomura","22":"tag-purchasing-managers-index","23":"tag-retail-sales","24":"tag-reuters","25":"tag-uk","26":"tag-united-kingdom","27":"tag-xi-jinping"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115989161477771174","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/732780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=732780"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/732780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/732781"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=732780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=732780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=732780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}