China Manufacturing Sector Picks Up Steam In November
The manufacturing sector in China continued to expand in November, and at a faster pace, the National Bureau of Statistics said on Monday with a manufacturing PMI score of 52.1.
That beat expectations for a reading of 51.5 and it's up from 51.4 in October. It also moves further above the boom-or-bust line of 50 that separates expansion from contraction.
The bureau also said its non-manufacturing PMI came in with a score of 56.4, beating expectations for 56.3 and up from 56.2 in the previous month.
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