The February China PMI readings are the first snapshot of the economy’s state since the start of the coronavirus outbreak that has killed almost 3,000 people in mainland China and infected about 80,000.
Capital Economics estimates China’s economy would contract outright in year-on-year terms this quarter, the first time since at least the 1990s. “Covid-19 has not only stopped production but has also broken the supply chain of production,....” they said. The White House has played down the crisis and described the high level of news coverage as a ploy to hurt President Donald Trump’s efforts to secure a second term.
I thought AndrewYang was promising us robot workers?
All the data in China are fake and none of them are true.
A return to Manufacturing in the good ole USA! SoMuchWinning
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