China’s manufacturing activity unexpectedly returned to expansion in November, services sector grew at slower pace
China’s manufacturing activity unexpectedly returned to expansion in November, services sector grew at slower pace

China’s manufacturing activity unexpectedly returned to expansion in November, services sector grew at slower pace

 

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China’s manufacturing activity unexpectedly return to expansion territory in November after government measures curbed runaway raw material prices which helped prop up demand, while services sector grew at a slow pace due to impact of Covid-19 flare-ups.

The official Manufacturing purchasing managers’ index increased to 50.1 in November from a reading of 49.2 in the previous month, ending a run of two months of contraction, according to data released by . . .

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