China’s Caixin PMI: 50.8 in November, Showing Slower Expansion in Manufacturing Industry

SHANGHAI, Dec.1 (SMM)－China’s Caixin PMI of manufacturing industry shows 50.8 in November, setting new low during past five months. Expected figure is 50.9 and previous figure is 51.

Zhong Zhengsheng, president of CEBM, chief economist says, liveness of manufacturing industry keeps a steady drop in November. Economy in Q4 is expected to keep stable since second half of this year. China's GDP growth this year is estimated to be better than last year while downward tendency is expected in next year.

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