ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

China posts surprise growth in September manufacturing

Outlook still tepid after upbeat PMI data amid weaker exports, virus curbs

An employee at a Nio electric vehicle factory in Anhui province. China beat PMI expectations for its first expansion since June, but the outlook for the country's economy remains tepid.   © Reuters

SHANGHAI -- China posted a surprise expansion in factory activity in September, reversing months of declines despite the impact of repeated COVID-19 lockdowns and weakening exports.

But an official services sector index was less upbeat while the widely watched private Caixin survey suggested that manufacturing actually contracted this month.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more