Story perspectives

China's Manufacturing PMI Rebounds, But Growth Remains Uncertain

12/31/2025

Summary

Story summary

China's official manufacturing PMI rose to 50.1 in December, ending an eight-month contraction.
A private sector survey also recorded 50.1 in December.
Analysts warn the upturn may not indicate sustained growth because domestic demand remains weak and the property sector struggles.
Production and demand improved, but higher raw material costs are squeezing margins.
Experts say the upturn could be temporary, as limited government stimulus is anticipated in 2026.

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Story summary

China's official manufacturing PMI rose to 50.1 in December, ending an eight-month contraction.
A private sector survey also recorded 50.1 in December.
Analysts warn the upturn may not indicate sustained growth because domestic demand remains weak and the property sector struggles.
Production and demand improved, but higher raw material costs are squeezing margins.
Experts say the upturn could be temporary, as limited government stimulus is anticipated in 2026.