China's factory activity expands on export order boost - Caixin PMI


BEIJING: China's factory activity expanded in January thanks to stable growth in output, quicker logistics and the first rise in new export orders since June, helping lift business confidence to a nine-month high, a private-sector survey showed on Thursday.

The positive outturn, however, contrasted with an official survey on the previous day showing manufacturing activity contracted again last month due to persistently weak demand.

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China , Caixin , manufacturing , PMI

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