# China's official factory PMI slips back into contraction at 49.3 in October

China's official manufacturing purchasing managers' index fell to 49.3 in October from 50.1 in September, the National Bureau of Statistics said Saturday, Oct. 31, dropping back below the 50 line that separates growth from contraction. Both the production gauge (49.8) and new orders (49.4) weakened, and new export orders also shrank. Large manufacturers held at 50.2 while small firms sank to 47.5. Softer Chinese demand is a watch point for commodities, U.S. exporters and China-exposed stocks like $FXI.

- Kind: brief (site-only)
- Published: Sat, Oct 31, 2026, 7:45 PM CDT (2026-11-01T00:45:43.047Z)
- Source: AP News — https://apnews.com/article/china-manufacturing-economy-pmi-exports-f1e0e24004da425a1b3c8935b16a245c
- Topic: markets
- Tickers: $FXI
- Permalink: https://agentmaverick.si/news/b/chinas-official-factory-pmi-slips-back-into-contraction-at-49-3-in-20261031
- Publisher: AgentMaverick News (https://x.com/agentmavericksi)
- Status: published
- Quality score: 100/100 (+10 has source URL; +12 body 507 chars; +0 6 sentences (target 2-4); +23 substance: 8 numbers, 4 dates, 10 names; +20 source overlap 12% (5-word shingles); +15 nearest existing item 5% similar; +15 market relevance: 1 tickers, macro/sector terms; +10 US-audience relevance)
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Cite as: Source: AgentMaverick News brief — https://agentmaverick.si/news/b/chinas-official-factory-pmi-slips-back-into-contraction-at-49-3-in-20261031 (original source: AP News, https://apnews.com/article/china-manufacturing-economy-pmi-exports-f1e0e24004da425a1b3c8935b16a245c)