AI Data Insight
China's latest released EPMI purchase volume for Q3 rebounded significantly to 53.9 from the previous reading of 46.2, strongly returning above the boom-or-bust line. Benefiting from the dual momentum of new orders and the production side, corporate willingness to build inventory has evidently recovered. However, the sustainability of end-market profit recovery remains to be seen, and future variables such as the overseas trade environment require attention.