China’s manufacturing sector expands for sixth straight month as pandemic fallout fades, private survey shows
The Caixin/Markit Purchasing Managers’ Index for Chinese manufacturing came in at 53.6 for October, better than the 53.0 forecast by analysts in a Reuters poll.
The latest reading was the highest since January 2011, the survey results showed.
Over the weekend, China said its official manufacturing PMI for October was 51.4 — the eighth consecutive month of expansion. Analysts polled by Reuters had expected a 51.3 reading.
