Search ForexCrunch

China’s manufacturing activity stalled its rapid expansion in September, as the economy recovered further from the fallout of the COVID-19 pandemic.

China’s Caixin Manufacturing PMI to 53.0 in September vs. 53.1 expected and 53.1 booked in August.                                                     

In August, the gauge hit a high unseen since the start of 2011 and remaining in expansionary territory for the fourth month in a row.