China's economy stumbles in January: Private factories grow while state and service sectors shrink
Source: SeekingAlpha
2026-02-02 00:07:53 ET
On Monday, the Shanghai Composite fell 0.4% to around 4,100 while the Shenzhen Component dropped 0.8% to 14,090 on Monday, extending losses from the previous session as investors digested January manufacturing data , and the offshore yuan strengthened to around 6.95 per dollar on Monday, reversing the previous week’s losses and approaching a thirty-three-month high, after a strong manufacturing PMI data boosted sentiment. ...
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China’s economy stumbles in January: Private factories grow while state and service sectors shrink
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