Summary: China’s factory activity growth slowed in October, missing market expectations due to a sharper drop in new export orders, attributed to rising trade uncertainty with the U.S. Despite this, employment expanded for the first time since March, and the private survey showed better results than the official survey. The U.S.-China trade truce and expected recovery in export orders may lead to a modest rebound in manufacturing PMI in the coming months.

Link: https://www.cnbc.com/2025/11/03/china-factory-activity-october-pmi-ratingdog-private-survey-shows.html