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China

Global factory

The global manufacturing landscape is undergoing a profound transformation.

Shanghai unveils US$257 bln in infrastructure investments

The economy of Shanghai, China's most populous city, slumped 13.7% in the second quarter when COVID-19 outbreaks led to citywide lockdowns in April and May. It was the biggest economic contraction among all of China's province-level regions.

Engineering goods exports to China, EU fall on demand slowdown

Continuing the downtrend, engineering goods exports to China nosedived over 70 per cent in August 2022 to $173.7 million as compared to $619.5 million in the same month last year. As per EEPC India analysis, engineering exports to the European Union (EU) fell 27.3 per cent year on year to $1.47 billion.