🇨🇳 China Manufacturing PMI Rises to 50.2 — Factory Activity Expands Again!

China’s Manufacturing PMI climbed to 50.2 in October, beating expectations of 49.9 and marking the first expansion in 6 months.

📊 Key Data:

Actual: 50.2

Expected: 49.9

Previous: 49.6

🏭 Insight:

The rise signals reviving factory output and improving demand both domestically and overseas, showing early signs of a stabilizing Chinese economy.

💹 Market Impact:

Yuan (CNY) strengthened slightly on improved sentiment.

Asian stocks edged higher as optimism spread across the region.

Commodities and crypto markets reacted positively to renewed growth outlook.

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