China experiences the most expanded factory activity in the last month as compared to the last two years. The world’s second largest economy was listed as the fastest factory upgrade country both by the private and official measures.
The growth was displayed to be 51.2 in terms of expanding industries and industrial sector of production.
The official PMI came in at 51.2 for October, it's highest since july 2014, as shown by the figures of national bureau of statistics.
A figure above 50 shows expanding activity, whereas anything below that is considered as shrinkage.
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