US manufacturing orders in China drop 40% amid COVID-19 lockdowns: report

U.S. demand in China's manufacturing industry has reportedly dropped sharply as the country continues to grapple with COVID-19 lockdowns. 

Some U.S. companies have signaled plans to shift away from China. Apple is planning to pivot some production elsewhere in Asia, such as India and Vietnam, the Wall Street Journal reported on Saturday. 

U.S. manufacturing orders in China are down 40%, according to the CNBC Supply Chain Heat Map. 

China's manufacturing purchasing managers' index, which measures the performance of the country's manufacturing industry, came in at 48.0 in November, the lowest reading in seven months, according to the country's National Bureau of Statistics. 

Meanwhile, China's non-manufacturing PMI, which reflects business sentiment in the country's service and construction industry, dropped from 48.7 in October to 46.7 in November. 

China has stuck by its zero-COVID policy amid a rise in COVID-19 cases in recent weeks. 

The latest round of lockdowns sparked protests throughout the country, with hundreds of workers demonstrating this week in Zhengzhou at the flagship factory of manufacturer Foxconn, which serves as Apple's main subcontractor in China.