China's Factory Activity Remains in Contraction Despite Slight Gains

1 min read
Source: Bloomberg.com
China's Factory Activity Remains in Contraction Despite Slight Gains
Photo: Bloomberg.com
TL;DR

China's factory activity continued to contract in November, marking the longest decline on record amid a deepening economic slowdown, with weak domestic demand and global trade tensions impacting growth, though policymakers are cautious about implementing further stimulus as the annual growth target remains within reach.

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