China’s factory activity faltered in January as weak domestic demand dragged down production at the start of the new year, reports Reuters, citing an official survey by the purchasing managers’ index (PMI). The PMI dropped to 49.3 in January, from 50.1 in December, below the 50-mark separating growth from contraction. Sub-indexes of new orders and new export […]
Category: Manufacturing
China’s automobile sector posted record revenue of RMB 11.2 trillion ($1.6 trillion) in 2025, up 7.1% year-on-year, while profit growth failed to keep pace, sinking to a record monthly low of 1.8% in December 2025, dragging the full-year average to just 4.1%, reports Caixin. This is according to data released Tuesday by the China Passenger Car […]
China’s new energy vehicle (NEV) production jumped 25% to 16.52 million units in 2025, while output of internal combustion engine vehicles shrank 1% to 18.25 million. The as the automobile sector also posted record revenue of RMB 11.2 trillion ($1.6 trillion) in 2025, up 7.1% year-on-year, but profit margins were just 4.1%, well below the […]
Porsche AG’s sales in China slumped for the fourth straight year in 2025, dropping to 42,000 units—less than half the 96,000 vehicles the German luxury carmaker delivered at its 2022 peak, reports Caixin. The carmaker is struggling with what its China chief called a “perfect storm” of economic strain and intensified domestic competition. Alexander Pollich, president […]
Guangdong province, China’s largest regional economy, expanded by 3.9% in 2025, reports Caixin. The number fell short of its official goal and saw the province far below the national average as the country’s top manufacturing hub continues to grapple with a prolonged property slump. The province’s gross domestic product rose to RMB 14.58 trillion ($2.1 trillion) […]