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China, manufacturing dates back after 13 months

The preliminary index of purchasing managers compiled by Markit and distributed by the British banking giant HSBC scored 50,4 points this month, up from 49,5 in October.

China, manufacturing dates back after 13 months

Manufacturing activity in China grew in November for the first time in 13 months.

The preliminary index of purchasing managers compiled by Markit and distributed by the British banking giant HSBC scored 50,4 points this month, up from 49,5 in October.

After more than a year, the indicator thus climbs back beyond the 50-point threshold, which marks the boundary between expansion and recession. 

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