The Caixin statement showed new export orders rose at the fastest pace since US-China trade war broke out. Photo: EPA

China’s small factory activity best in nearly three years, but outlook for Asia region remains fragile

  • The Caixin/Markit factory purchasing managers’ index (PMI) improved to 51.7 in October, its highest level since February 2017, and from 51.4 in September
  • But the regional outlook remained uncertain, with exports from South Korea and Singapore continuing to plunge amid the US-China trade war
Topic |   China economy

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The Caixin statement showed new export orders rose at the fastest pace since US-China trade war broke out. Photo: EPA
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