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China: Manufacturing sector expands at fastest pace in six months
Manufacturing sector conditions in China improved at the end of the third quarter, according to latest PMI® data. Rising new orders, including new export orders, drove faster production growth in September. As a result, companies raised their purchasing activity at a solid pace, which led to a further accumulation of inventories. Meanwhile, the rate of job shedding eased as pressure on capacity continued to build, while overall business confidence improved. Turning to prices, cost pressures intensified for manufacturers in September, but firms opted to cut their selling prices amid intense competition. The headline ... (full story)
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China’s official gauge for manufacturing activity showed a smaller-than-expected contraction in September as Beijing intensified its efforts aimed at curbing industrial overcapacity amid sluggish domestic demand and global trade disruptions. The Manufacturing Purchasing Managers’ Index came in at 49.8, data from the National Bureau of Statistics showed, ...
China’s service sector continued to expand at a solid pace at the end of the third quarter, according to latest PMIŽ data. The upturn was reportedly driven by rising amounts of new business, including a stronger increase in new export orders. Business confidence also improved, to reach a six-month high. That said, job shedding persisted amid concerns over ...
From cnbc.com | Sep 29, 2025
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