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 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

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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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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.