An employee packages garments for the online Chinese e-commerce company Temu at a clothing factory in Guangzhou, in southern China’s Guangdong province on April 16, 2025.
Jade Gao | Afp | Getty Images
China’s manufacturing activity unexpectedly returned to growth in August on the back of rising new orders and export business recovery, a private survey showed Monday, helped by a trade-war truce with the U.S.
The private survey RatingDog purchasing managers’ index came in at 50.5, sharply beating the estimate of 49.7 among economists polled by Reuters.
The gauge signaled the fastest rate of expansion since March, rebounding from July’s 49.5. A reading below 50 signals contraction while one above that threshold suggests an expansion.
China’s official manufacturing PMI, however, shrank for a fifth straight month in August, edging up to 49.4 in August from 49.3 in July, the statistics bureau said on Sunday.
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