Chinese Factory Activity Slump Reaches Longest Stretch on Record

Chinese Factory Activity Slump Reaches Longest Stretch on Record



Chinese Factory Activity Slump Reaches Longest Stretch on Record

China’s factory activity improved but remained in contraction in November, extending its streak of declines to a record as the country’s economic slowdown deepens.

The official manufacturing purchasing managers’ index was 49.2, remaining below the 50 mark that separates growth and contraction for an eighth month. The median estimate of economists surveyed by Bloomberg was 49.4.


www.bloomberg.com
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