China’s Factory Recovery Slows In Jan Ss COVID-19 Returns

BEIJING (Reuters) – China’s factory activity grew at the slowest pace in five months in January, hit by a wave of domestic coronavirus infections, but still in line with the ongoing recovery in the world’s second-largest economy.

The official manufacturing Purchasing Manager’s Index (PMI) fell to 51.3 in January from 51.9 in December, the National Bureau of Statistics said in a statement on Sunday.

It remained above the 50-point mark that separates growth from contraction on a monthly basis, but was below the 51.6 expected in a Reuters poll of analyst forecasts. Read more…..

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Johnson & Johnson says their COVID-19 vaccine, which only requires one shot rather than two, is 72% effective at preventing COVID-19 in the United States and 85% effective against severe symptoms.

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