China's PMI declines signal long slog toward economic recovery

'Zero-COVID' policy seen hindering business, with private companies at most risk

20221031N China factory

The coronavirus, and China's efforts to stamp it out, have weighed on wide swaths of the country's economy.

IORI KAWATE, Nikkei staff writer

BEIJING -- China's lackluster factory and service activity data released Monday suggests its economy's continuing struggle to bounce back from a pandemic slump, with small private businesses facing an especially uncertain outlook amid rigid COVID restrictions.

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