Official and private surveys of China's manufacturing activity rose more than expected in September, data showed Monday.The Caixin Purchasing Managers Index, a privately-conducted survey, expanded at the quickest pace in 19 months, reaching 51.4 in September. It was up from 50.4 in August and beating an estimated 50.2 in a Reuters poll of analysts. The government's official PMI for September also beat analyst estimates, increasing to 49.8 from the 49.5 it registered in August.
Ting Lu, an economist for Japanese brokerage firm Nomura, agreed the rebound is unsustainable. "An escalation of US-China trade tensions remains likely, while the slowing of global growth has been another drag on China's exports," he said. US moves hit Chinese firmsChina's economic slowdown has been compounded by its months-long trade war with the United States. Senior officials from the two countries are expected to meet in Washington later this month for trade talks.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
China says companies facing many difficulties due to trade frictionsChinese companies are facing many difficulties due to trade frictions, Commerce ... So sad, lol! That will level out when it is over, well say that too them and what you are willing to do--
더 많은 것을 읽으십시오 »
Asia stocks set to trade lower as US considers curbs on investments in ChinaThe release of the China Purchasing Managers' Index is expected later today, while Anheuser-Busch InBev's Budweiser APAC listing is expected to make its public debut in Hong Kong.
더 많은 것을 읽으십시오 »