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Pressure from market expansion strategy

Vietnam.vn EN

09/11/2026 04:18:00

China's manufacturing PMI dropped to 49.3 in October, indicating a contraction in activity for the third time in four months.
New export orders decreased to 48.7, reflecting a decline in demand for Chinese manufactured goods in international markets.
The output index also fell to 49.8, suggesting reduced production levels amid ongoing pressures from market expansion strategies. Read more

Excess capacity

According to data from China's National Bureau of Statistics, China's manufacturing PMI (Purchasing Managers' Index) fell from 50.1 points the previous month to 49.3 points in October, returning to contraction territory.

Workers are on duty at a machinery manufacturing company in Changshu, Jiangsu Province.
Eastern China, October 30, 2026. Photo: XINHUA

China's manufacturing activity declined in October, marking the third drop in four months, as the index fell below 50 points. New export orders fell to 48.7 points, while the output index dropped to 49.8 points.

by Vietnam.vn

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