• 11/25/2024

China’s manufacturing expands for first time in 6 months in latest sign of stabilising economy

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Official manufacturing PMI rises to 50.2 in September from 49.7 in August, shifting to expansion range after five months of contraction as support policies take effect, but recovery still faces headwinds from fierce competition, costs and tight funds.

https://www.scmp.com/economy/china-economy/article/3236365/chinas-manufacturing-expands-first-time-6-months-latest-sign-stabilising-economy?utm_source=rss_feed