China Nov factory activity expands for second month as Trump threats loom
BEIJING -China's factory activity expanded modestly for a second straight month in November, an official survey showed, adding to a string of recent data suggesting a blitz of stimulus is finally trickling through the world's second-largest economy just as Donald Trump ramps up his trade threats.
While there have been some signs that Chinese policymakers' latest moves may be lending support to the ailing property market, which has weighed heavily on domestic demand, officials are now in a race to limit the economy's vulnerabilities ahead of a second Trump presidency. "The economy stabilized recently as fiscal and monetary policies eased after the Politburo meeting on September 26. But the outlook for 2025 remains unclear," said Zhang Zhiwei, president and chief economist at Pinpoint Asset Management.
However,"insufficient demand is still a major constraint on enterprise production activities," said Zhang."It is necessary especially to strengthen the effective driving of government public investment on enterprise orders."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Houston County property transfers, Nov. 11-Nov.14, 2024Seller, buyer, property location, total purchase price, date
Read more »
Cuyahoga County early voters break record ahead of Election DayEarly voting ends Nov. 3 and Election Day is Nov. 5.
Read more »
Hallmark announces 2025 'Christmas Cruise' from Florida to Mexico: DetailsThe cruise will sail from Nov. 6 to Nov. 10 next year.
Read more »
Cuban's misogynistic anti-Trump remark: Letters to the Editor — Nov. 4, 2024Today's Video Headlines
Read more »
2024 election update: Harris, Trump make final pitches to voters l Nov. 4As America prepares to pick a new president – and Tri-State residents choose how to fill out their own ballots – we dive into the latest national and local election news, polls, campaign trail stops, maps and more.
Read more »
No, Michael Jordan hadn’t endorsed Trump as of Nov. 4With many celebrities throwing their support behind either former President Donald Trump or Vice President Kamala Harris
Read more »