China’s economy is showing signs of recovery as the country’s manufacturing sector expanded in the month of September. The Purchasing Managers’ Index (PMI) for China’s manufacturing sector rose to 51.5 in September, up from 51.0 in August. This marks the highest level in over five years, indicating a strong rebound in economic activity. The increase in production was driven by an uptick in new orders and exports, pointing to growing demand both domestically and abroad. The positive data suggests that China’s economy is on track for a steady recovery following the impact of the COVID-19 pandemic.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
