The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in November from 49.3 in October and above the 49.5 predicted in a Bloomberg poll of analysts. Photo: AP The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in November from 49.3 in October and above the 49.5 predicted in a Bloomberg poll of analysts. Photo: AP
The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in November from 49.3 in October and above the 49.5 predicted in a Bloomberg poll of analysts. Photo: AP
China economy

China economic recovery to be short-lived despite manufacturing rebound as analysts fail to upgrade forecasts

  • The private Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) edged up on Monday following a surprise growth in the official index at the weekend
  • Expansion across China’s factories in November has not led to any upgrade in economic growth forecasts for 2020

Topic |   China economy
The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in November from 49.3 in October and above the 49.5 predicted in a Bloomberg poll of analysts. Photo: AP The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in November from 49.3 in October and above the 49.5 predicted in a Bloomberg poll of analysts. Photo: AP
The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in November from 49.3 in October and above the 49.5 predicted in a Bloomberg poll of analysts. Photo: AP
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