中国经济：PMI 细节表现好于整体数据-China Economics-PMI Details Look Better than Headlines

PMI Details Look Better than Headlines CITI'S TAKE Vi e w p o i n t | 30 Nov 2025 18:43:43 ET │ 10 pages China Economics While headline PMI prints were soft in November, the underlying growth momentum could remain stable with recovering new orders and price indictors as well as finished goods destocking. The efforts deployed earlier like the RMB500bn policy-finance could be coming through. We keep our full-year GDP forecast unchanged at 5.0%. We believe the next policy window will be after the Central Econo ...