China’s Caixin Manufacturing PMI improved to 50.3 in October, up from 49.3 and surpassing expectations of 49.5. According to Wang Zhe, Senior Economist at Caixin Insight Group, October brought a mix of positive developments, including “growth in manufacturing supply and demand, increases in prices, proactive inventory replenishment by companies, and logistics delays.” However, challenges persist […]
The post China’s Caixin PMI manufacturing rises to 50.3, domestic demand recovery amid weak exports appeared first on Action Forex.
