Economics

China’s Factory Outlook Dims Again as Trade Uncertainty Lingers

  • New export orders decline, dropping further into contraction
  • Gauge of output and services also at lowest since February
Cui Li, managing director and head of macro research at CCB International, discusses China’s PMI data for October.(Source: Bloomberg)
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A gauge of the outlook for China’s manufacturing sector dropped to the lowest level since February, underlining the uncertainty faced by businesses struggling with weak domestic demand and the trade war with the U.S.