China's Virus Controls Undercut Holidays, Economic Recovery

China's economic recovery shows mixed signals with both manufacturing and non-manufacturing sectors expanding, but services and construction hit hard due to COVID-19 outbreaks. Travel restrictions during the Lunar New Year have significantly reduced travel. Despite this, manufacturing remains robust, driven by strong demand for medical and electronic products. The situation may influence Beijing's monetary and fiscal policies.

What indicators showed expansion for both manufacturing and non-manufacturing in China?

How did the non-manufacturing PMI change from December to January?

What factors contributed to the decline in services and construction in China?

What was the impact of the coronavirus outbreak on travel during the Lunar New Year?

What positive signs were noted regarding production and exports in China?