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 with details, data and perspectives you don't read elsewhere
- THE WIRE - a real-time financial news platform focused on China
- Daily Brief newsletter to get you prepared for every trading day
- An indispensable and reliable source of information on China's economy and financial markets
We highly value independence. We are solely funded by subscriptions from thousands of readers like you. Not ready for our full service? Try Free Weekly Newsletter first.
Already have an account? Sign In