Chinese manufacturing sector plunges amid coronavirus outbreak

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Now coronavirus hits world economy as new figures show Chinese manufacturing sector plunged in February even further than expected

Survey came as global stock markets continue to fall over fears about the virus. Purchasing Managers' Index fell to 35.7 from January's 50 on 100-point scale. Numbers below 50 indicate that activity is contracting.

 

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Time to take manufacturing back to the US and Europe perhaps?

They will just replace them with the next one.....

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