China's factory activity returns to growth in December | Metals Mine

  • China's factory activity returns to growth in December

    From finance.yahoo.com

    China's manufacturing activity unexpectedly grew in December, snapping eight straight months of decline, giving policymakers some confidence as they raced to meet their economic ​growth target for the year. The manufacturing purchasing managers' index (PMI) rose to 50.1 in December from 49.2 in November, the National Bureau of Statistics' survey showed on Wednesday, above the 50-point mark separating growth from contraction. It beat analysts' forecast of 49.2 in a Reuters poll. The data should give policymakers cause for optimism after choosing to see out the year without major additional stimulus to meet the ... (full story)

Comment Options
ZforexCM
Dec 31, 2025 1:31am
Permalink
The offshore yuan strengthened past 6.98 as China’s December manufacturing PMI unexpectedly expanded, ending an eight-month contraction. Growth in new orders and services improved confidence in stabilizing growth despite a lack of large-scale stimulus.

While weak domestic demand and the property downturn remain structural challenges, this data supported the yuan’s best annual performance since 2020.

Technically, USD/CNH faces pressure near 7.0100 with support at 6.9750 as markets watch the recovery's sustainability into 2026.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 38 KB
Reply
gaeganekagis
Dec 31, 2025 7:25am
Permalink
Xauusd has haulted up and china is not a major exporter of gold. This could mean that chinese yen could still be dovish for the next coming week.
Reply
Trader#BADF
Dec 31, 2025 3:08am
Permalink
ALL China news of improvement are FALSE !!!! Factories are closed and workers are back to peasants !!!!! Factories are in Vietnam etc. LOL
Reply
  • Story Stats

  • Related Stories