- Analytics
- News and Tools
- Market News
- China: Manufacturing outlook improves – UOB Group
China: Manufacturing outlook improves – UOB Group
Manufacturing PMI expanded for the second consecutive month, construction slowdown dragged down non-manufacturing PMI, UOB Group’s Economist Ho Woei Chen notes.
Economic recovery yet to become broad-based
“China’s Nov PMIs indicate further pick-up in manufacturing activities but the gains in non-manufacturing activities have stalled as construction contracted. Deflationary pressure increased in Nov after easing in Oct.”
“Recovery outlook remains weak even though the economy appears to have bottomed in the near-term after the recent stimulus measures. Market looks to the upcoming Central Economic Work Conference for hints of stronger support measures ahead.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
