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China’s new order index in December 2022 was 43.9 percent, down 2.5 percent from November, marking the third consecutive month that the index has fallen. The drop indicates an expanding decline in global demand for China’s manufacturing industry, expert says.
Kathleen Li has contributed to The Epoch Times since 2009 and focuses on China-related topics. She is an engineer, chartered in civil and structural engineering in Australia.
