China’s factory activity unexpectedly expanded at the fastest pace in nearly three years in October, shows a private survey on Friday, boosted by robust growth in new orders and a pickup in production.
The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) picked up to 51.7 last month from 51.4 in September. It marks the third straight month that the gauge has stayed above 50 level which separate expansion and contraction. It's also the . . .
To continue reading, please subscribe. You will get
- Original and in-depth reporting on China's economy and financial markets
- Details, data and perspectives you don't read elsewhere
- THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
- Daily Brief newsletters to get you prepared for every trading day
We highly value independence. We are solely funded by subscriptions from thousands of readers like you.
Already have an account? Sign In