China's manufacturing activity deteriorates in November - RatingDog
By Michele Maatouk
Date: Monday 01 Dec 2025
(Sharecast News) - Manufacturing activity in China unexpectedly deteriorated in November, according to a survey released on Monday.
The RatingDog China general manufacturing purchasing managers' index fell to 49.9 from 50.6 in October.
This was below the 50.0 mark that separates contraction from expansion and signalled the first deterioration in manufacturing sector conditions since July, albeit marginal. Analysts were expecting a reading of 50.5.
The slowdown was attributed to a softening in the pace of new order growth to a near-neutral level. Where new business rose, survey respondents said this was due to the introduction of new products and improvements in overseas demand. New export orders expanded at the quickest pace in eight months amid reports of successful business development efforts.
RatingDog founder Yao Yu said: "On the demand side, although new export orders picked up in November, this trend failed to reverse the sluggish state of the manufacturing sector, with new orders remaining almost stagnant. On the production side, affected by the slowdown in new business growth, manufacturers reduced their workforce and purchasing volume, and became more cautious in inventory management. Production-related sub-indices declined month-o-nmonth, with purchasing volume falling into contraction territory.
"Overall, the RatingDog China Manufacturing PMI shifted from expansion to contraction in November. Among the sub-indices, the recovery in new export orders did not drive a sustained expansion in manufacturing.
"Looking ahead, considering the need to sprint toward the annual 5% growth target, there may be strengthened efforts on both the supply and demand sides at the end of the year. The PMI is expected to present a weak expansion trend in December."
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN