China October Caixin / Markit manufacturing PMI 53.6 (vs. expected 52.8)

A beat for the private survey PMI after the same for the official version released over the weekend

  • expected 52.8, prior 53.0
From the report, Key findings:
  • Output rises sharply amid quickest increase in total new work for nearly a decade 
  • Pandemic dampens growth of new export orders, however Business confidence reaches highest since August 2014
china pmi