In China, COVID & Power Shortages Due To Heatwaves Push Manufacturing Sector Into Crisis


Source: leportale.com leportale.com

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The coronavirus is still wreaking havoc on China 's manufacturing sector , and power shortages caused by record heatwaves have exacerbated the situation. The coronavirus is continues to wreak havoc on China 's manufacturing sector , and power shortages caused by record heatwaves have exacerbated the situation. According to a media report, manufacturing activity continued in contraction , and the prognosis remained grim. According to China 's National Bureau of Statistics (NBS), the official manufacturing purchasing managers' index ( PMI ) increased to 49.4 in August, up from 49 in July. However, for the second consecutive month, it remained below...