BEIJING, 4th March, 2026 (WAM) — China’s factory activity shrank for a second month in February, though lower US tariffs could bring about a small boost in the coming weeks.
The official manufacturing purchasing managers index, or PMI, slipped to 49 from 49.3 in January, a four-month low, the National Bureau of Statistics reported Wednesday.
The figure from its monthly survey of factory managers is measured on a scale of 0 to 100 and indicates contraction when it is below 50.
December’s manufacturing PMI reading of 50.1 broke China’s eight consecutive months of contraction, but its recent return to negative territory signals more weakness in manufacturing.
ABU DHABI, 5th March, 2026 (WAM) -- The United Arab Emirates has strongly condemned the…
ABU DHABI, 4th March, 2026 (WAM) - In light of recent regional developments, Abu Dhabi…
ABU DHABI, 4th March, 2026 (WAM) – UAE President His Highness Sheikh Mohamed bin Zayed…
RIYADH, 4th March, 2026 (WAM) -- Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi…
DUBAI, 4th March, 2026 (WAM) -- Marbaan and Mysterious Night, first and second 12 months…
DUBAI, 4th March, 2026 (WAM) -- All terminals at Jebel Ali Port in Dubai are…