The official manufacturing purchasing managers’ index (PMI) rose to 50.1 in October from 49.8 last month. — Bloomberg
SHANGHAI: China’s factory activity unexpectedly expanded after five months of contraction, suggesting recent stimulus efforts may have begun to boost growth momentum.
The official manufacturing purchasing managers’ index (PMI) rose to 50.1 in October from 49.8 last month, the National Bureau of Statistics (NBS) said yesterday.
