China's Economic Recovery Gains Momentum Amid US Election Uncertainty

Reported 26 days ago

China's economy is showing signs of stabilization following the government's significant stimulus measures, although the upcoming US election introduces uncertainty. The manufacturing PMI exceeded forecasts in October, indicating growth after months of contraction. Despite this promising start to Q4, concerns remain about external demand and potential trade tensions if former President Trump returns to power, as he has threatened to impose high tariffs on Chinese exports.

Source: YAHOO

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