China's factory activity snaps record slump on festive stockpiling
Yahoo Finance·2025-12-31 07:27
By Joe Cash and Xiuhao Chen BEIJING, Dec 31 (Reuters) - China's factory activity unexpectedly grew in December, snapping a record eight straight months of decline, lifted by a rise in pre-holiday orders as officials seek to spur the $19 trillion economy's manufacturing sector without worsening deflation. The official purchasing managers' index (PMI) rose to 50.1 in December from 49.2 in November, the National Bureau of Statistics' survey showed on Wednesday, topping the 50-point mark separating growth ...