China's Manufacturing PMI Returned to the Expansion Range in November, Production and New Orders Index Increased MoM

SHANGHAI, Nov 30 (SMM) – NBS: China's manufacturing Purchasing Managers’ Index (PMI) stood at 50.1% in November, up 0.9% MoM, indicating that manufacturing industry returned to expansion range.

The production index stood at 52.0%, up 3.6% on the month, indicating that production of manufacturing was bullish. The new order index stood at 49.4%, up 0.6% on the month, as demand improved.