Caixin PMI: China’s November factory growth hits five-month high, beats forecasts

China’s manufacturing activity continued to expand in November, with the Caixin/S&P Global manufacturing PMI at 51.5, beating estimates and marking the second consecutive month above 50. New business inflows and rising export orders were key drivers of growth. While stimulus measures have helped stabilize the economy, concerns over potential US tariffs on Chinese goods remain a risk for the export sector moving forward.

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