China's Factory Growth Continues Amidst Trump Tensions

China's factory activity expanded for the second consecutive month in November, with the purchasing managers' index (PMI) rising to 50.3, indicating growth. This suggests that recent stimulus measures are beginning to impact the economy positively. However, potential new U.S. tariffs under President-elect Trump could pose significant risks to China's industrial sector. While domestic demand remains a concern, the upcoming central economic working conference may provide further policy direction.