China’s Manufacturing Resilience Surprises Markets

China’s manufacturing sector showed unexpected strength in November, defying analysts’ predictions. The Caixin/S&P Global manufacturing PMI rose to 51.5 from 50.3 in October, surpassing the forecast of 50.5. This uptick indicates a significant expansion in factory activity. The surge stems from recent economic stimuli implemented since late September. New orders, both domestic and international, grew […]