The RatingDog China General Manufacturing PMI decreased to 50.6 in October 2025, dropping from September's six-month high of 51.2, and fell short of the market forecast of 50.9. The deceleration in factory activity expansion was driven by a more moderate increase in both new orders and output. New orders, bolstered by robust domestic demand and sales promotions, saw their fifth consecutive monthly increase. However, foreign sales declined at their fastest rate since May, highlighting the growing trade uncertainty.