China’s manufacturing PMI rises to 52.1 in November

Home Financial news China’s manufacturing PMI rises to 52.1 in November
2020-11-302020-11-30By finanz.dk

A worker at a machinery manufacturing plant in Qingzhou, Shandong province, uses welding equipment. [Photo by Wang Jilin/For China Daily]

The purchasing managers” index (PMI) for China’s manufacturing sector rose to 52.1 in November from 51.4 in October, the National Bureau of Statistics said Monday.

A reading above 50 indicates expansion, while a reading below reflects contraction.

Via China Daily

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