China’s factory activity picked up unexpectedly in September, with the gauge tracking private companies expanding at the fastest pace in 19 months, as plants ramped up production and new orders rose. However, analysts believes that Chinese authorities need to roll out more policy support measures amid persistent weakness.
The manufacturing purchasing managers’ index rose to to 49.8, according to data released by the National Bureau of Statistics on Monday. That’s better than the 49.6 expected by . . .
To continue reading, please subscribe. You will get
- An indispensable and reliable source of information on China's economy and financial markets
- Original and in-depth reporting
- Details, data and perspectives you don't read elsewhere
- THE WIRE - the ONLY real-time financial news platform focused on China, with 24/7 continuous live updates
- Daily Brief newsletters to get you prepared for every trading day
Don't Miss Christmas Offer! Full subscription less than $0.5 a day!
We highly value independence. We are solely funded by subscriptions from thousands of readers like you.
Already have an account? Sign In