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Financial News: China Manufacturing PMI Climbs To 51.8

China Manufacturing PMI Climbs To 51.8

11/29/2017 - 21:28:00 (RTTNews)

(RTTNews) - The manufacturing sector in China continued to expand in November, and at a faster pace, the National Bureau of Statistics said on Thursday with a PMI score of 51.8.

That beat forecasts for 51.4, and it's up from 51.6 in October. It also moves further above the boom-or-bust line of 50 that separates expansion from contraction.

The bureau also said that its non-manufacturing PMI came in with a score of 54.8 - in line with expectations and up from 54.3 in the previous month.

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