China factory activity shrinks again | World Business Watch | WION
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- Опубликовано: 29 июн 2024
- In more bad news for China, The country's manufacturing activity contracted for a second straight month in June. This signals weakness in an area that Beijing is betting on to drive the economy.
#china #business #businessnews
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For me...these are THE BEST news out from Chinas 🇨🇳...please keep post more Jai hind ❤
US manufacturers are shifting to Mexico, Vietnam and India for their supply chain. Businesses are now ditching China because of keeping business in China is more riskier.
The Caixin China Manufacturing Purchasing Managers Index (PMI) for June 2024, released on July 1, reached 51.8, an increase of 0.1 percentage points from May and has been above the boom bust line for 8 consecutive months, the highest since June 2021, indicating an accelerated expansion of manufacturing production and business activities.
China is the world's largest industrialized country, and now it is developing industrial modernization, which will inevitably lead to investment transfer. However, China is no longer an era that requires investment for development. India has not yet become an industrialized country. If India develops industrial modernization after becoming an industrialized country, it will also lead to a decrease in investment because capital is unwilling to invest in industrialized countries and countries with increased labor income.
China is no longer a country that needs investment for development. It is already a capital exporting country, and many Chinese companies have started investing abroad because India has no competitive market and cheap labor. China is currently developing domestic substitution for high-end industries, which will inevitably lead to a decrease in investment. Do you understand?
China's exports grew by over 5% in the first quarter of this year.
@@user-hu1tj6xu1hconvince yourself Wumao. 😂😂😂
😂 how can your investment be safe when it's flooded like south china sea
China has been crashing in Indian news for decades hahaha🤣🤣
meanwhile their roof and signboard keep on collapsing
Chowmeen is crying inside 😂😂😂
Does brics understand that their biggest trading partners was the west and Americans 😑😑😑
Same goes for the West😂😂
S it was, WAS. U got that
Cut interest as economy is slowing down.
China can easily hit its targeted growth. It is the manufacturing capital of the world. Manufacturing data is a normal for the CCP.
Whats wrong with these indian media. Chinese export is at its highest and that is why shipping cost is the highest today due to high expoŕts
Well the Chinese ecomomy is volatile aa the rests . But yet , the world still depend on the Chinese .
The Caixin China Manufacturing Purchasing Managers Index (PMI) for June 2024, released on July 1, reached 51.8, an increase of 0.1 percentage points from May and has been above the boom bust line for 8 consecutive months, the highest since June 2021, indicating an accelerated expansion of manufacturing production and business activities.
Don't worry. Worry about India. With so many enemies, China is growing 5% this year and cruising along with pride.
All of the world will cheer China for success if only China is not bullying small countries like Philippines Vietnam India etc. China has become a thug
Hahaha convince yourself Wumao. The collapse of One China
😂😂😂
@@louis8743 your kashmir and all northeastern states will be independent including where Sikhs live. No one can divide China.
There's no OneChina. It's a Chinese wet dream which will never come true as the dream is just fantasy fed by British opium war.
@louis8743 Wumao is trying to spread WuTan virus on RUclips 😂😂