China official manufacturing PMI improves whereas the companies PMI slips
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China launched its official PMIs for November and the numbers are a blended bag as Beijing contemplates additional stimulus for 2025:
- Manufacturing 50.three vs 50.1 prior (50.2 was anticipated)
- Non-manufacturing 50.zero vs 50.2 prior
- Composite 50.eight
That is the second straight month of positive factors for the manufacturing index.
On Friday, I highlighted recent rumors about Chinese language stimulus.
This text was written by Adam Button at www.ubaidahsan.com.
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