China is rapidly reshaping the global manufacturing landscape through a powerful combination of industrial robotics, ...
China's official manufacturing PMI has been below the 50 mark, reflecting contraction rather than expansion, since April. The index for July was 49.3, missing expectations for 49.7 according to a ...
China's factory and service gauges stayed below 50, signaling continued contraction. High-tech manufacturing expanded, but construction and services cooled as holiday support faded. Data underline ...
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China’s manufacturing purchasing managers’ index was generally encouraging, rebounding to a six-month high in September. Yet, the non-manufacturing PMI disappointed by falling back to neutral levels.
China’s dominance in global manufacturing is often attributed to economies of scale, generous state subsidies, or rapid technological catch-up. These explanations offer other manufacturing countries ...
Dr. Nahm was a White House economist in the Biden administration. Tesla’s factory in Shanghai produces far more cars per worker than its plant in California. The gap reflects something unsettling ...
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