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China witnesses fastest industrial expansion in more than three years

Shortpedia

Content Team
Image Credit: Shortpedia

According to the latest data release, China saw its factory activity expand at the fastest pace in more than three years in November. Several other sectors also witnessed substantial growth during the same period. According to data from the National Bureau of Statistics, China’s official manufacturing Purchasing Manager’s Index increased from 51.4 in October to 52.1 in November. This was the highest since September 2017.