China factory activity logs surprise decline in October

Purchasing managers' index hits 49.5, ending five months of expansion

2023-10-30 CHINA-PMI.JPG

Employees assemble glass panels for mobile phones at a factory in Guizhou province in March. (CNS Photo via Reuters) 

CK TAN, Nikkei staff writer

SHANGHAI -- China's factory activity fell unexpectedly in October, with the benchmark purchasing managers' index dropping below the 50-point level that indicates a contraction, snapping an upward trajectory that had continued since June.

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