FX.co ★ China Manufacturing PMI Beats Estimates

The RatingDog China Manufacturing PMI inched down to 52.0 in October 2026 from September’s five-month high of 52.1, yet still beat market expectations of 51.6. This marked the eleventh consecutive month of expansion, the longest continuous improvement in manufacturing sector conditions since mid-2021. Production rose at a strong pace—the fastest in six months—underpinned by another solid increase in new orders. Demand growth was supported by the introduction of new products, while external demand also continued to grow, albeit at a slower rate than in September.