China official PMI information: October Manufacturing 50.1 (anticipated 50.zero)

China Nationwide Bureau of Statistics (NBS) information, October 2024 PMIs

Manufacturing 50.1, first time in enlargement for six months

• anticipated 50.zero, prior 49.eight

Non manufacturing 50.2

• anticipated 50.four, prior 50.zero

Composite is 50.eight

• prior 50.four

Stimulus bulletins from China hit from late September and continued proper via October. Stimulus announcement ought to proceed as soon as the Folks’s Congress rubber stamps a couple of extra:

• China vice fin min says additional stimulus particulars after Nationwide Folks’s Congress session

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This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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