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China's manufacturing sector shows unexpected growth amid US election uncertainty

China's economy showed signs of recovery as factory activity unexpectedly expanded in October, with the manufacturing purchasing managers’ index rising to 50.1, surpassing forecasts. The non-manufacturing PMI also indicated growth in construction and services. However, uncertainties surrounding the upcoming US elections continue to pose risks to China's growth outlook.
Moneycontrol
United States Dollar Chinese Yuan Crédit Agricole S.A. CHN Eddie Cheung
Finance & Economy, Market Report
07:28 31.10.2024
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