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

November 30, 2024, 10.01 PM
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

Source: ReutersEditor: Handoyo

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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