China's warehousing index stood at 49.8% in October.

The China Federation of Logistics & Purchasing released the China Warehousing Index for October today. The index picked up slightly from a low level but remained in contraction territory for a third consecutive month, and the demand base still needs to be consolidated. In October, the China Warehousing Index came in at 49.8%, up 0.1 percentage point from the previous month, with business conditions continuing to hover around the boom-or-bust line.