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Virus collapses Chinese manufacturing SMEs

2020-02-29T09:06:37.375Z

9.50 Heavy impact of the crown virus epidemic for China, which records the collapse of the Purchasing managers index (Pmi), which measures manufacturing and non-manufacturing activities. The manufacturing PMI, in fact, went from 50 points in January to 35.7, marking a record low. The epidemic broke the production and distribution chain throughout the country. Minimum record also for the non-manufacturing SMEs, which went from 54.1 points in January to 29.6.



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February 29, 2020 9:50 Heavy impact of the crown virus epidemic for China, which records the collapse of the Purchasing managers index (Pmi), which measures manufacturing and non-manufacturing activities. The manufacturing PMI, in fact, went from 50 points in January to 35.7, marking a record low. The epidemic broke the production and distribution chain throughout the country. Minimum record also for the non-manufacturing SMEs, which went from 54.1 points in January to 29.6.

Source: rainews

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