China’s economic indicators show slight optimism, as manufacturing posted expansion for the first time in five months, with the PMI edging up to 50.1 in October, signaling recovery from previous contractions. Services saw notable growth, too, with Caixin’s PMI rising to 52.0 from 50.3, marking the fastest pace in three months, reflecting strengthened consumer demand. Overall confidence reached a five-month high, with firms focusing on promotional efforts to boost future sales. However, longer-term forecasts indicate caution.