Private factory gauge grows amid stabilisation

Quick Summary:

SHANGHAI: China’s manufacturing activity expanded for a second straight month, according to a private survey, a further sign of stabilisation after Beijing unleashed a stimulus package to shore up the economy.

But Chinese factories are bracing for uncertainty in the months ahead after President-elect Donald Trump threatened to impose tariffs that could decimate trade between the two nations.

The Caixin results have been largely stronger than those from an official poll over the previous year as exports stayed strong.

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Article Details

Author / Journalist: Eugene Mahalingam

Category: EconomyBusiness

Markets: MalaysiaAustraliaChinaJapan

Topics: China’s According Month Economy Caixin China Manufacturing Bloomberg Official Index Trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 00:00:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24069026

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Official Website: thestar.com.my

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