China PMI underlines weak economic recovery

Manufacturing activity contracts for a second straight month in November

20231130 Singles Day

A JD.com's advertisement promoting Singles Day shopping festival in Beijing. Sales connected to the Singles Day grew just 2% this year, compared to 14% growth in 2022. © Reuters

IORI KAWATE, Nikkei staff writer

BEIJING -- China's manufacturing activity contracted for a second consecutive month in November, offering fresh evidence that the nation's economic recovery lacks strength as it struggles with sluggish exports and a property market crisis.

Sponsored Content

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