China's manufacturing activity is expected to show a second consecutive monthly contraction in November, per a Reuters poll. While the official Purchasing Managers' Index (PMI) is predicted to improve slightly, it is likely to remain below the 50-point threshold, indicating contraction. The ongoing struggle for orders, both domestically and internationally, prompts calls for further stimulus measures. Despite policy support, challenges in the property market, local government debt risks, slow global growth, and geopolitical tensions continue to hinder China's economic recovery. Policymakers are urged to consider additional measures to sustain growth and meet economic targets.

SOURCE: GOOGLE