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China’s small factory activity expanded in November at fastest pace in nearly three years

Summary:
[unable to retrieve full-text content]Manufacturing activity in China’s small factories expanded for the fourth month in a row in November to the highest level in nearly three years, a private survey released on Monday showed, providing evidence that the economy may be heading for some stabilisation in the near term after weakening for most of the year.The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) edged up to 51.8 in November from 51.7 in October. The latest reading confounded expectations for a small decline to…

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[unable to retrieve full-text content]
Manufacturing activity in China’s small factories expanded for the fourth month in a row in November to the highest level in nearly three years, a private survey released on Monday showed, providing evidence that the economy may be heading for some stabilisation in the near term after weakening for most of the year.The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) edged up to 51.8 in November from 51.7 in October. The latest reading confounded expectations for a small decline to…

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