Reported 25 days ago
China's manufacturing sector rebounded in October, with the Caixin/S&P Global manufacturing PMI rising to 50.3, driven by an increase in new orders and production growth. This marks the first expansion since April, aided by government stimulus efforts to stimulate the economy. Despite the improvement, concerns linger over job losses and ongoing challenges in the property market and consumer confidence as the nation aims for a growth target of around 5%.
Source: YAHOO