China's manufacturing Purchasing Managers' Index (PMI) remained in the expansion zone for the second consecutive month in November, indicating continued growth and stability in the sector. The PMI rose to 50.3, up by 0.2 percentage points from October. Both new orders and production indices showed improvements, signaling a robust recovery fueled by effective policies introduced since September. Business confidence also strengthened, with expectations for future growth continuing to rise.
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China’s Manufacturing PMI Hits Expansion Zone for 2nd Month | DRM News | AF1V
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