China’s Non-Manufacturing Sector Returns to Growth in October

In October, China’s non-manufacturing sector showed signs of modest expansion, according to an official survey from the National Bureau of Statistics (NBS). The non-manufacturing purchasing managers’ index (PMI), which encompasses both services and construction sectors, registered a slight increase to 50.2 from 50.0 in September. This movement, while marginal, provides some optimism for policymakers who...