China's factory activity returns to growth in September as AI boom supports industry
FXI•China’s official manufacturing PMI rose to 50.1 in September from 49.8 in August, returning to expansion after two months of contraction. Easing weather disruptions and a global AI boom supported the industrial sector.
1. Manufacturing expands
China’s official manufacturing PMI rose to 50.1 in September from 49.8 in August, ending two straight months of contraction. The result matched the median forecast in a poll, and readings above 50 indicate expansion.
