The growth of the January factory of China loses expectations ahead of American tariffs, Caixin PMI shows

The activity of the China factory slowed in January while the country prepares for the fresh rates of the United States this month, showed a private sector survey on Monday.

The Global Manufacturing Purchase Manager Caixin/S&P reached 50.1 in January, the missing reuters survey prognosis of 50.5.

The manufacture of PMI remained above the level of 50 that separates the expansion of the contraction for the fourth consecutive month. He approached 50.5 in December 51.5 in November and 50.3 in October.

Reading the private survey follows the official PMI data In January that showed unexpectedly hired activity at 49.1After expanding for three consecutive months, reinforcing requires more stimulus to stimulate growth. Reuters had predicted PMI to reach 50.1.

The president of the United States, Donald Trump, signed on Saturday the executive orders to impose 25% tariffs on Mexican and Canadian imports and 10% in Chinese products, starting Tuesday.

On his first day in office last month, Trump ordered his administration to investigate Beijing’s fulfillment with a commercial agreement arrived during his first presidency.

Tariffs occurred when China’s economy has been fighting a slowdown. While the country achieved the growth objective of the whole year of Beijing of 5.0% last year, it still has difficulty increasing growth in the midst of tibia domestic demand and a prolonged real estate recession, leaving exports as a key driver of the growth.

Since Beijing was introduced A wave of political support measures at the end of last yearSome sectors have seen economic activity stabilize, but markets are monitoring Beijing’s next policy steps as commercial tensions With the United States it will probably intensify.

Chinese authorities have pledged to do Increase domestic consumption a priority and expanded its consumer goods exchange program this year.

China Ministry of Commerce He said he would challenge Trump’s tariff decision In the World Trade Organization, condemning radical tariffs as a “serious violation of international trade rules.” Beijing “will take relevant countermeasures to firmly safeguard their own rights and interests,” said the statement, but did not stop to announce specific plans for tariffs.