China Private Manufacturing Holds at 52.0, Output Accelerates in October

China's RatingDog PMI Manufacturing edged down marginally from 52.1 to 52.0 in October, maintaining expansion for an 11th consecutive month—the longest streak since mid-2021. Manufacturing output accelerated to its fastest pace since April, underpinned by solid new orders growth. Despite pricing weakness, the resilience in production signals sustained private-sector momentum amid broader economic support measures.