China's Manufacturing Sector Continues Contraction Amid Trade Tensions
TL;DR
China's official manufacturing PMI for September showed a smaller contraction than expected at 49.8, the strongest since March, amid efforts to address industrial overcapacity and sluggish domestic demand, while private surveys indicate a more optimistic outlook. The overall economic activity remains in contraction territory, with upcoming Politburo meetings expected to influence future policy responses.
Topics:businesseconomy#china-manufacturing#domestic-demand#economic-slowdown#economy#industrial-overcapacity#pmi
- China manufacturing activity picks up in September — official PMI still in contraction CNBC
- China Factory Activity Improves But Slump Extends to Six Months Bloomberg.com
- China factory activity shrinks again as firms watch for stimulus, US trade deal Reuters
- China's factory activity contracts for a 6th straight month as trade tensions weigh on the economy Yahoo Finance
- China’s Manufacturing Activity Contracts Again The Wall Street Journal
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