China's Factory Activity Hit Over 2.5-Year High Last Month, Caixin PMI Shows
Dou Shicong
DATE:  Nov 01 2019
/ SOURCE:  yicai
China's Factory Activity Hit Over 2.5-Year High Last Month, Caixin PMI Shows China's Factory Activity Hit Over 2.5-Year High Last Month, Caixin PMI Shows

(Yicai Global) Nov. 1 -- China's manufacturing sector expanded for the fourth straight month in October to reach the highest peak since Feb. 2017.

The Caixin manufacturing purchasing managers' index climbed by 0.3 percentage point to 51.7 last month. The Caixin-Market index reaches out to 500 businesses, often privately owned. 

Meanwhile, the official PMI slid by 0.5 point to 49.3, according to the National Bureau of Statistics. The official PMI surveys 3,000 mostly large and state-owned companies.

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Keywords:   Caixin Manufacturing PMI