China Factory Activity Expands in September
Chinese factory activity returned to growth in September as easing weather disruptions and a global AI boom supported the industrial sector. However, weak domestic consumption and a prolonged property downturn continue to weigh on the broader economic outlook.
Xurve View
Insights:
Xurve View
China's manufacturing PMI rose to 50.1 in September from 49.8 in August, ending two months of contraction. The expansion reflects easing weather disruptions and robust demand from a global AI boom. The reading matches the median forecast in a poll by Reuters.
