The manufacturing sector in China continued to expand in October, and at a much faster rate, the latest survey from Caixin revealed on Tuesday with a manufacturing PMI score of 51.2.
That beat forecasts for 50.1, which would have been unchanged from the previous month.
It also moved further above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, production expanded at a quicker pace as total new order d=growth accelerated.
Employment declined at its slowest rate since May 2015, and firms saw inflationary pressures pick up sharply.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.