Macroeconomics

China Nov factory Activity Expands for Second Month as Trump Threats Loom

November 30, 2024, 10.01 PM | Source: Reuters
China Nov factory Activity Expands for Second Month as Trump Threats Loom

ILUSTRASI. China's factory activity expanded modestly for a second straight month in November, an official survey showed. China Daily via REUTERS

CHINA - BEIJING. China's factory activity expanded modestly for a second straight month in November, an official survey showed, adding to a string of recent data suggesting a blitz of stimulus is finally trickling through the world's second-largest economy just as Donald Trump ramps up his trade threats.

The National Bureau of Statistics purchasing managers' index (PMI) on Saturday rose to 50.3 - a seven-month high - from 50.1 in October, above the 50-mark separating growth from contraction and beating a median forecast of 50.2 in a Reuters poll.

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