China Manufacturing Activity Contracts for First Time in Four Months

Workers are seen assembling a tractor on the factory floor of a tractor manufacturer in Qingzhou, east China's Shandong province on January 27, 2025. AFP

China’s manufacturing activity shrank in January for the first time in four months, official data showed Monday, as Beijing battles to sustain the recovery in the world’s second-largest economy.

Policymakers have battled to reverse a post-pandemic slump driven by a crisis in the property sector, weak consumption, and high government debt.

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