[ad_1] China’s factory activity expanded for a third straight month in December, bolstering expectations the economy will reach its annual growth target after Beijing’s stimulus blitz. Company Value Change %Change The official manufacturing purchasing managers’ index was 50.1, the National Bureau of Statistics said Tuesday, above the 50-mark separating expansion and contraction. The median forecast […]
Chinese factory activity unexpectedly expands on stimulus push – CNBC TV18
[ad_1] China’s factory activity unexpectedly expanded after five months of contraction, suggesting recent stimulus efforts may have begun to boost growth momentum. The official manufacturing purchasing managers’ index rose to 50.1 in October from 49.8 last month, the National Bureau of Statistics said Thursday. That’s above the 50 mark separating expansion and contraction from the […]