www.cnbc.com
China’s manufacturing sector showed slight improvement in November, according to the National Bureau of Statistics. The Manufacturing Purchasing Managers Index (PMI) edged up to 49.2, a 0.2-point increase from October. This figure aligns with Reuters’ poll forecasts, suggesting a stabilization in manufacturing activity, although the index remains below the 50-point mark, indicating contraction. While not a significant jump, the increase offers a glimmer of hope amidst ongoing economic challenges.
