China's manufacturing sector expanded at the strongest pace since January 2011 on robust output and new work, survey results from IHS Markit showed Monday.The Caixin manufacturing Purchasing Managers' Index rose to 53.6 in October, the highest reading since January 2011, from 53.0 in September. A score above 50 indicates expansion in the sector.The official survey, released over the weekend showed...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.