A key index of manufacturing activity in China turned positive in October
A closely watched survey on manufacturing in China has edged into positive territory
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A closely watched survey on manufacturing in China has edged into positive territory, the government statistics agency said Thursday.
The Purchasing Managers’ Index rose to 50.1. A reading above 50 indicates an improvement over the previous month. It was the first improvement after five straight months of decline.
The rise follows the central bank’s announcement of a series of steps to boost the economy in late September. Investors and business owners are waiting to see if the government approves additional stimulus measures for the economy at a meeting of China's top legislative body next week.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.