China’s manufacturing sector faces renewed contraction, as PMI data underscores weak domestic demand, global trade risks, and calls for stronger stimulus in 2025.
China’s inflation fell to 0.1% in December, highlighting weak demand. Producer prices dropped for the 27th month, raising concerns over deflation despite Beijing’s attempts to revive consumption.
China’s industrial profits fell 4.7 percent in the first eleven months of 2024, according to the National Bureau of Statistics, highlighting ongoing economic challenges.
