China’s Manufacturing PMI Slips to 49.3% in October

China’s official October manufacturing PMI declined to 49.3%, down 0.8 percentage points from September, according to data released by the National Bureau of Statistics on 1 November. The new-orders, production and employment sub-indices remained below the expansion threshold, highlighting weaker operating conditions across parts of the manufacturing sector. The figures create opportunities for economic research firms, industrial market analysts, supply-chain intelligence providers and business-consulting companies offering demand forecasts and sector-risk assessments.

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