China's Factory Activity Declines Amid Economic Challenges

Reported about 15 hours ago

China's manufacturing sector is experiencing its longest slump in nearly a decade, as the official purchasing managers' index fell to 49 in October, indicating declining activity and shrinking new orders amidst trade tensions and weakened domestic demand. Despite a recent trade truce with the U.S., analysts suggest that more policy support is necessary to combat the economic downturn, and the outlook remains cautious as external challenges persist.

Source: YAHOO

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