🇨🇳 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.
#China #CNY #ManufacturingPMI #AsiaMarkets #EconomicRecovery #TradingNews #Binance