China’s August factory activity beats estimates, expanding at fastest pace in 5 months
An employee dresses for an online Chinese e-commerce company Temu at a clothing factory in Guangzhou, Guangzhou, Guangdong, South China, on April 16, 2025.
Jade Gao | AFP | Getty Images
China’s production activity returned to unexpected growth in August behind rising new orders and export work recovery, special survey Showing on Monday with the help of a trade war -owned ceasefire with the USA
RatingDog Production Purchasing Managers Index reached 50.5 and sharply defeated the estimation of 49.7 from the economists who participated in the survey by Reuters.
The indicator has returned from July 49.5, pointing to the fastest expansion rate since March. Reading, contraction below 50 proposes an expansion above this threshold.
Capital Economics Chinese economist Zichun Huang, in a note, was directed with a improvement in the new export order, which showed the “flexibility of external demand against tariffs”.
“The last rise looked like a comfortable breath instead of a continuous rally,” said Yao, the founder of Ratingdog. He said.
The Statistical Office said on Sunday that China’s official manufacturing PMI entered 49.4 in August 49.4 compared to 49.4 compared to 49.4 for a fifth flat month.
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