China's Factory Activity Declines to 6-Month Low Amid Export Drop
TL;DR Summary
China's manufacturing PMI fell to a six-month low of 49.0 in October, indicating contraction due to declining export orders amid ongoing trade tensions, while the non-manufacturing sector showed slight growth. The slowdown raises concerns about the sustainability of China's economic recovery and the need for additional stimulus to meet growth targets.
- China factory activity stumbles as export orders dry up Reuters
- China manufacturing slump deepens to 6-month low in October, as PMI misses estimates CNBC
- China’s factory activity contracts for seventh straight month Financial Times
- China Factory Activity Gauge Signals Deepening Manufacturing Gloom The Wall Street Journal
- China Factory Activity Sees Longest Slump in Almost a Decade Bloomberg.com
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
4 min
vs 4 min read
Condensed
94%
794 → 51 words
Want the full story? Read the original article
Read on Reuters