BEIJING—China’s factory activity is expected to have contracted for the seventh straight month in November amid sluggish domestic demand, a Reuters poll showed, despite some optimism over chances for an interim deal to de-escalate a trade war with the United States.
The official Purchasing Managers’ Index (PMI) for November is expected to come in at 49.5, below the 50-point mark that separates expansion from contraction on a monthly basis, according to the median forecasts of 28 economists.
