DE
Order
News
Letzte Aktualisierung: September 1, 2021

Covid variant slows down economy

The latest wave of the coronavirus is putting the brakes on economic development in China. The service sector, in particular, experienced severe setbacks due to the spreading of the delta variant, according to the national Purchasing Managers Index (PMI) published on Tuesday. The index reading, which represents the mood among major and state-owned service companies, dropped to 47.5 points in August – down from 53.3 points in July. This is the first time since China's Covid numbers peaked in February 2020 that the indicator has dropped below the 50 mark, which is considered the apex between a curbing and growing economy. Stringent measures imposed in light of the recent delta outbreaks are given as the reason.
Testimonial Random Image
Please use HAN to get access to this article.
Secure your information advantage

Exclusive, highly topical and expert information for your industry: In our Professional Briefings, our more than 60 specialized journalists report from Berlin, Brussels and Beijing.

  • All issues by e-mail
  • Access to the web portal table.media and the archive
  • For the decisive minds from politics, business and science

No payment data. No automatic renewal.

4 Weeks free trail
1/2
Select Professional Briefings

*free of charge even after the trial period has expired

Das Late-Night-Memo für die Hauptstadt: Exclusive Meldungen + Pressebriefing

Jeden Morgen die 100 relevantesten Schlagzeilen aus über 1.000 Quellen

Das Leitmedium für die deutschsprachige China-Berichterstattung

Europäische Regulierungen, EU-Energie- und Klimaschutzpolitik, Industriestrategie und Finanzpolitik

Das unabhängige Briefing für Bildungs-Politik, -Strategie und -Forschung

Klimapolitik anderer Staaten und der Europäischen Union, sowie die ganze Breite der internationalen Klimadebatte

Sicherheitslage und -strategie, Verteidigungspolitik und Beschaffung von Militärtechnologie

Für zukunftsfähiges Wirtschaften: Nachhaltigkeitspolitik und Transformationsstrategien

Wissenschaftspolitik, Forschungsstrategie, Innovationsmanagement und Research Funding

Wirtschaftliche Trends, deutsche und internationale Afrika-Politik und Investitionschancen

Regulierung im Agrar- und Lebensmittelsektor auf nationaler und europäischer Ebene

With a focus on the German government and EU Commission, global corporations and medium-sized companies

European regulation, EU climate and environmental policy and innovation to trade and finance

Information during the global hot season - with in-depth analyses on all aspects of the global transformation

Nextback
2/2
How may we address you?
back

Your registration was successful.

Welcome to Table.Media.
You will receive an email with a confirmation link.
Please click on this link to complete your registration.

You have not received an email?


  • Please check your spam folder.
  • Maybe you have registered with a different email address?
  • Please check if you have misspelled your email address.
Mehr zum Thema
Social Media
Be our guest at Table.Media.

Test now for free, without automatic renewal.

Register for free