Economics
China’s Economy Likely Remained Weak as Factories Slump
- GDP growth set to slow next year, economists predict
- China will use proactive policy next year: Securities Times
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China’s manufacturing activity likely remained subdued in November, with weak domestic demand in the economy outweighing any relief that came from an easing in energy shortages.
The official manufacturing purchasing managers’ index is forecast to improve slightly to 49.7 from 49.2 in October when it’s released Tuesday, according to the median estimate in a Bloomberg survey of economists. That would be the third month it stays below the key 50-mark, indicating a contraction in production.