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China's manufacturing sector sentiment hits new highs in November

Official manufacturing Purchasing Managers' Index had come in at 52.1, the highest reading in 3 years; Caixin PMI rises to more than a decade high

Published Tue, Dec 1, 2020 · 09:50 PM
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Beijing

CHINA'S manufacturing sector sentiment reached new highs, two surveys showed as the economy strengthens on the back of a pickup in consumer demand.

The official manufacturing Purchasing Managers' Index (PMI) for November came in at 52.1, according to the National Bureau of Statistics. That is the highest reading in over three years.

KEYWORDS IN THIS ARTICLE

Manufacturing

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