China’s non-manufacturing purchasing managers’ index (PMI) – a gauge of sentiment in the services and construction sectors – rose to 56.4 in November from October’s reading of 56.2. Photo: Reuters China’s non-manufacturing purchasing managers’ index (PMI) – a gauge of sentiment in the services and construction sectors – rose to 56.4 in November from October’s reading of 56.2. Photo: Reuters
China’s non-manufacturing purchasing managers’ index (PMI) – a gauge of sentiment in the services and construction sectors – rose to 56.4 in November from October’s reading of 56.2. Photo: Reuters
China economy
Economy /  China Economy

China unlikely to ease up on stimulus just yet even as economic recovery gathers pace in November

  • China’s manufacturing and non-manufacturing purchasing managers’ indices, which measure economic sentiment, rose in November for the ninth month in a row
  • The official manufacturing purchasing managers’ index (PMI) rose to its highest since September 2017, while the non-manufacturing PMI was the highest since June 2012

Topic |   China economy
John Carter
John Carter

Updated: 11:57pm, 30 Nov, 2020

Why you can trust SCMP
China’s non-manufacturing purchasing managers’ index (PMI) – a gauge of sentiment in the services and construction sectors – rose to 56.4 in November from October’s reading of 56.2. Photo: Reuters China’s non-manufacturing purchasing managers’ index (PMI) – a gauge of sentiment in the services and construction sectors – rose to 56.4 in November from October’s reading of 56.2. Photo: Reuters
China’s non-manufacturing purchasing managers’ index (PMI) – a gauge of sentiment in the services and construction sectors – rose to 56.4 in November from October’s reading of 56.2. Photo: Reuters
READ FULL ARTICLE