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China's National Bureau of Statistics (NBS) said October manufacturing PMI fell to 49.3%, down 0.8 percentage points month-on-month, indicating a pullback in manufacturing activity. By scale, large firms' PMI was 50.2%, down 0.4 percentage points and

2026-10-31

China's National Bureau of Statistics (NBS) said October manufacturing PMI fell to 49.3%, down 0.8 percentage points month-on-month, indicating a pullback in manufacturing activity. By scale, large firms' PMI was 50.2%, down 0.4 percentage points and still above the 50 expansion threshold; medium and small firms' PMIs were 48.4% and 47.5%, down 1.3 and 1.4 percentage points respectively, both below 50.

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