China Factory Activity Expands But Ends Streak of Faster Growth
AI Summary
A private survey found that China’s factory activity continued to expand last month, although growth slowed for the first time since July. The reading suggests resilience among export-oriented manufacturers despite the loss of momentum.
China’s factory activity expanded last month while growing at a slower pace for the first time since July, a private survey showed, in further evidence of the resilience of the country’s export-oriented firms.