China’s manufacturing sector continued to expand at the start of the final quarter of the year, according to latest PMI® data. Rising new orders led to higher production, as well as growth in employment, purchasing activity and inventory levels. That said, new business and output both expanded at weaker rates compared to September amid a renewed fall in export orders. Business confidence also slipped to the lowest level in six months. On prices, manufacturers cut their selling prices at a faster pace in October amid easing cost pressures and greater market competition. The headline seasonally adjusted Purchasing ... (full story)