While daily life slowly gets back to normal in China, its crucial markets in the United States and Europe remain virtually shut down. coronavirus
following weeks of strict lockdown measures, its crucial markets in the United States and Europe remain virtually shut down.came in at 50.8, just above the 50 mark that separates expansion and contraction, but down from the previous month and slightly short of expectations., when major cities were forced to shut down to prevent the disease's spread.
"The spread of the pandemic is accelerating overseas, and global economic activity has contracted sharply," he said. "Industries such as accommodation, culture, sports, entertainment, and resident services have had a larger impact from the epidemic," he said.ING chief economist for Greater China Iris Pang told Agence France-Presse that the latest PMI figures indicate China's trend towards recovery still faced uncertainty.
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