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China's factory recovery slows in January as coronavirus returns

It remained above the 50-point mark that separates growth from contraction on a monthly basis

PMI
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Economic indicators ranging from trade to producer prices all suggest a further pickup in the industrial sector.

Reuters
China's factory activity grew at the slowest pace in five months in January, hit by a wave of domestic coronavirus infections, but still in line with the ongoing recovery in the world's second-largest economy.
 
The official manufacturing Purchasing Manager's Index (PMI) fell to 51.3 in January from 51.9 in December, the National Bureau of Statistics said in a statement on Sunday.
 
It remained above the 50-point mark that separates growth from contraction on a monthly basis, but was below the 51.6 expected in a Reuters poll of analyst forecasts.
 
During the month several large cities were locked