Skip to content
August 25, 2025
  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • tiktok
MILLENNIUM NEWS 24/7

MILLENNIUM NEWS 24/7

Bridging The Community’s World Wide

  • Home
  • IP TV LIVE
  • PODCAST
  • U.S.News
  • LOCAL ELECTION
  • State News
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maryland
    • Massachusetts
    • Michigan
    • Maine
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • Nebraska
    • Nevada
    • New Hampshire
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Virginia
    • Washington
    • West Virginia
    • U.S. Virgin Islands
  • Politics
  • World News
  • Sports
  • Entertainment
  • Weather
  • Business
  • Health News
  • ADVERTISEMENT
  • About Us
  • Contact us
Live TV

China factory activity contracts in November for 2nd straight month despite stimulus measures

An official survey of Chinese manufacturers shows that factory activity contracted for a second straight month in November, an indicator of weak demand despite various stimulus measures aimed at supporting the economy.

The official manufacturing purchasing managers’ index fell to 49.4 in November, down slightly from October’s 49.5, according to data released Thursday by the National Bureau of Statistics.

A figure below 50 indicates a contraction in manufacturing activity while a number above 50 reflects an expansion, on a scale up to 100.

The index has fallen in seven of the past eight months, with an increase only in September. Despite prolonged weakness after the pandemic, the economy is expected to grow at about a 5% annual pace this year.

The new orders sub-index contracted for a second consecutive month, while two other sub-indices for raw material inventory and employment also were lower.

China’s recovery from the COVID-19 pandemic has faltered after an initial burst of growth earlier in the year faded more quickly than expected. Despite prolonged weakness in consumer spending and exports, the economy is expected to grow at about a 5% annual pace this year.

Capital Economics’ Sheana Yue and Julian Evans-Pritchard wrote in a note that the latest surveys may be “overstating the extent of slowdown due to sentiment effects.”

“That turned out to be the case in October, with the hard data not quite as weak as the PMIs had suggested,” they wrote.

In recent months, the government has raised spending on construction of ports and other infrastructure, cut interest rates and eased curbs on home-buying.

China’s policy advisors have called for still stronger stimulus measures to revive the economy.

About Author

dreamboy

See author's posts

Post navigation

Previous The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September
Next GM believes it will start making money on electric vehicles in 2025 as higher margin models arrive

Related Stories

European postal services suspend shipment of packages to US over import tariffs

European postal services suspend shipment of packages to US over import tariffs

Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

Republicans look to make a U-turn on federal commitment to electric vehicles for the Postal Service

Republicans look to make a U-turn on federal commitment to electric vehicles for the Postal Service

Entertainment

Pennsylvania’s Chautauqua is a summertime haven for lifelong learners 1

Pennsylvania’s Chautauqua is a summertime haven for lifelong learners

Mariah the Scientist’s ‘Hearts Sold Separately’ mixes love potions and pensive emotions 2

Mariah the Scientist’s ‘Hearts Sold Separately’ mixes love potions and pensive emotions

At the Pennsylvania Chautauqua, the ‘good use of leisure time’ is an art form 3

At the Pennsylvania Chautauqua, the ‘good use of leisure time’ is an art form

Brent Hinds, former Mastodon singer-guitarist, dies at 51 in motorcycle crash 4

Brent Hinds, former Mastodon singer-guitarist, dies at 51 in motorcycle crash

Frank Caprio, Rhode Island judge who drew a huge online audience with his compassion, dies at 88 5

Frank Caprio, Rhode Island judge who drew a huge online audience with his compassion, dies at 88

The story behind Devo’s ‘Whip It’ and their misunderstood legacy 6

The story behind Devo’s ‘Whip It’ and their misunderstood legacy

‘Ketamine Queen’ accused of selling fatal dose to Matthew Perry agrees to plead guilty 7

‘Ketamine Queen’ accused of selling fatal dose to Matthew Perry agrees to plead guilty

Top News

4 Palestinians shot dead by Israeli forces while seeking aid near Gaza City, witnesses say

4 Palestinians shot dead by Israeli forces while seeking aid near Gaza City, witnesses say

Pennsylvania’s Chautauqua is a summertime haven for lifelong learners

Pennsylvania’s Chautauqua is a summertime haven for lifelong learners

Moscow says Kyiv has struck a nuclear power plant as Ukraine marks independence day

Moscow says Kyiv has struck a nuclear power plant as Ukraine marks independence day

Israeli forces kill 4 more aid seekers as northern Gaza braces for looming offensive

Israeli forces kill 4 more aid seekers as northern Gaza braces for looming offensive

  • Home
  • About Us
  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • tiktok
Editor: Nur M Tofader, Home Office: 250 Park Avenue, 7th Floor, New York, NY 10177 Tell: 718 893 0002 (Office), 7188441300, +1212 401 6266, e-mail: Info@millenniuamtv24.com, e-mail: Info@millenniuamnews24.com, Copyright © Millennium News 24/7 | DarkNews by AF themes.