{"id":29225,"date":"2022-08-02T14:08:57","date_gmt":"2022-08-02T08:38:57","guid":{"rendered":"https:\/\/plyinsight.com\/?p=29225"},"modified":"2024-03-09T12:27:48","modified_gmt":"2024-03-09T06:57:48","slug":"indian-opportunities-rises-as-chinese-factory-activity-sinks","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/indian-opportunities-rises-as-chinese-factory-activity-sinks\/","title":{"rendered":"Indian Opportunities Rises as Chinese factory activity sinks"},"content":{"rendered":"

Chinese manufacturing\u2019s recovery from anti-virus shutdowns faltered in July as activity sank, adding to pressure on the struggling economy in a politically sensitive year when President XI Jinping is expected to try to extend his time in power.<\/span><\/p>\n

Factory activity was depressed by weak global demand and anti-virus (Covid) controls that are weighing on domestic consumer spending, according to the national statistics agency and an industry group.<\/span><\/p>\n

A monthly purchasing index indicate activity and Sub-measures of new orders, exports and employment declining.<\/span><\/p>\n

The ruling Communist Party has stopped talking about this year\u2019s official economic growth target of 5.5% after output shrank in the three months ending in June compared with the previous quarter.<\/span><\/p>\n

Govt had promised tax rebates and other aid to help entrepreneurs after anti-virus controls temporarily shut down Shanghai and other industrial centers starting in late March.<\/span><\/p>\n

The port of Shanghai, the world\u2019s busiest, where activity is back to normal, but factories and other companies are operating under anti-virus controls that limit their workforces and weigh on production.<\/span><\/p>\n

\"\" \u00a0\u00a0 \"Pioneer-Logo\"<\/p>\n

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\"IMF's \u00a0 \u00a0\u00a0 \"Kumar<\/p>","protected":false},"excerpt":{"rendered":"

Chinese manufacturing\u2019s recovery from anti-virus shutdowns faltered in July as activity sank, adding to pressure on the struggling economy in a politically sensitive year when President XI Jinping is expected to try to extend his time in power. Factory activity was depressed by weak global demand and anti-virus (Covid) controls that are weighing on domestic […]<\/p>","protected":false},"author":1,"featured_media":29226,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3388,1237,531,1487,3344,1622,3389],"class_list":["post-29225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-chinese-factories","tag-companies","tag-entrepreneurs","tag-manufacturing","tag-polution","tag-production","tag-shanghai"],"yoast_head":"\nIndian Opportunities Rises as Chinese factory activity sinks - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/indian-opportunities-rises-as-chinese-factory-activity-sinks\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian Opportunities Rises as Chinese factory activity sinks - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"Chinese manufacturing\u2019s recovery from anti-virus shutdowns faltered in July as activity sank, adding to pressure on the struggling economy in a politically sensitive year when President XI Jinping is expected to try to extend his time in power. 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