China factory activity edges up in November but remains in contraction for eighth month as fading holiday demand drags services

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China's factory activity showed a slight improvement in November, with the manufacturing PMI rising to 49.2, but still remains in contraction for the eighth consecutive month due to fading holiday demand.

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Neutral
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72%

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The National Bureau of Statistics said the manufacturing purchasing managers index rose to 49.2, up 0.2 points from October and in line with forecasts in a Reuters poll.

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Original article published by CNBC on November 30, 2025.
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