Forex

China official manufacturing PMI improves whereas the companies PMI slips


China launched its official PMIs for November and the numbers are a blended bag as Beijing contemplates additional stimulus for 2025:

  • Manufacturing 50.3 vs 50.1 prior (50.2 was anticipated)
  • Non-manufacturing 50.0 vs 50.2 prior
  • Composite 50.8

That is the second straight month of good points for the manufacturing index.

On Friday, I highlighted recent rumors about Chinese language stimulus.

This text was written by Adam Button at www.forexlive.com.



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Adam Button
Adam Button

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