FILE - In this July 27, 2016 file photo, workers assemble sneaker at a factory in Jinjiang city in southeast China's Fujian province. An official survey has found that Chinese factory activity rose again in November to its highest in more than two years. The monthly purchasing managers' index by the Chinese Federation of Logistics and Purchasing released Thursday, Dec. 1, 2016 climbed to 51.7 last month from 51.2 in October. (Chinatopix via AP, File) (The Associated Press)
HONG KONG – An official survey has found that Chinese factory activity rose again in November to its highest in more than two years.
The monthly purchasing managers' index by the Chinese Federation of Logistics and Purchasing released Thursday climbed to 51.7 last month from 51.2 in October.
The index is based on a 100-point scale with numbers below 50 indicating contraction.
The widely watched indicator for China's outsize manufacturing sector hasn't been this high since July 2014.
A separate index compiled by financial publication Caixin showed that factory activity eased from the previous month but still maintained a robust pace.
Caixin's index slipped to 50.9 from 51.2 previously.
The federation's survey is mainly focused on larger, state-owned enterprises while Caixin's report gives more weighting to small and midsized private businesses.
Antisemitism Exposed
Fox News' Antisemitism Exposed" newsletter brings you stories on the rising anti-Jewish prejudice across the U.S. and the world."
By entering your email and clicking the Subscribe button, you agree to the Fox News Privacy Policy and Terms of Use, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time.