October’s Caixin/Markit manufacturing purchasing managers’ index (PMI), which surveys 500, mostly smaller private factories, improved for a fourth straight month to 51.7 in October, its highest since reaching the same level in February 2017, and up from 51.4 in September. Photo: Reuters

China’s manufacturers express mixed outlook amid rising optimism of US trade war deal

  • Views on outlook for smaller Chinese manufacturers varies by industry, with high-end factories more optimistic
  • Caixin/Markit manufacturing purchasing managers’ index (PMI) rose for a fourth straight month in October to highest level since February 2017
Topic |   China economy

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October’s Caixin/Markit manufacturing purchasing managers’ index (PMI), which surveys 500, mostly smaller private factories, improved for a fourth straight month to 51.7 in October, its highest since reaching the same level in February 2017, and up from 51.4 in September. Photo: Reuters
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China and the US had extensive and serious discussions over the past two weeks to try to end their trade war, according to the Chinese Ministry of Commerce. Photo: AFP

China and US ‘agree to phased rollback’ of extra trade war tariffs

  • Negotiators from both countries still trying to reach interim deal, Chinese Ministry of Commerce says
  • Xi Jinping to visit Greece and Brazil next week but still no indication of any meeting with Donald Trump to sign deal
Topic |   US-China trade war

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China and the US had extensive and serious discussions over the past two weeks to try to end their trade war, according to the Chinese Ministry of Commerce. Photo: AFP
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