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Reuters Published January 1, 2025 Reading time
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China Dec factory activity expands at slower pace as trade risks rise

By
Reuters Published
January 1, 2025

China's manufacturing activity grew for a third straight month in December but barely, an official factory survey showed on Tuesday, suggesting the effects of policy stimulus may take more time to lend support as fresh trade risks loom.

The National Bureau of Statistics purchasing managers' index (PMI) slowed to 50.1 in December from 50.3 in November, staying above the 50-mark separating growth from contraction but missing a median forecast of 50.3 in a Reuters poll.

China's $19 trillion economy has struggled to recover from the pandemic amid weak consumption and investment.