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Chinese tourists take pictures near Tiananmen Square on the 65th National Day on October 1, 2014 in Beijing, China.
A private survey that focuses on small and medium-sized firms in China showed that manufacturing activity picked up at a slower pace in November.
The Caixin/Markit manufacturing Purchasing Managers’ Index came in at 50.8 for last month.
Economists in a Reuters poll had expected the index to read 50.9 for November, lower than 51.0 the previous month.
A reading above 50 indicates expansion, while a reading below that signals contraction.
Caixin/Markit’s release followed the Thursday report of the country’s official manufacturing PMI, which came in at 51.8 — exceeding expectations despite a crackdown on pollution and a cooling property market.
