China's Manufacturing Sector Continues Contraction Amid Trade Tensions

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Source: CNBC
China's Manufacturing Sector Continues Contraction Amid Trade Tensions
Photo: CNBC
TL;DR Summary

China's official manufacturing PMI for September showed a smaller contraction than expected at 49.8, the strongest since March, amid efforts to address industrial overcapacity and sluggish domestic demand, while private surveys indicate a more optimistic outlook. The overall economic activity remains in contraction territory, with upcoming Politburo meetings expected to influence future policy responses.

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