China’s Factory Activity Expands in Sign of Slow Recovery
- Official PMI rises to 50.3 in Nov. from 50.1 in Oct.
- Non-manufacturing measure barely misses contraction at 50
This article is for subscribers only.
China’s factory activity continued to expand in November, after a broad package of stimulus measures helped reverse months of contraction.
The official manufacturing purchasing managers’ index was 50.3, the National Bureau of Statistics said on Saturday, above the 50 mark that separates expansion and contraction. The median forecast of economists surveyed by Bloomberg was for a gain to 50.2, from 50.1 in October.