China manufacturing rebounds in August: HSBC


BEIJING: Chinese manufacturing activity expanded for the first time in four months in August, according to a closely watched indicator Thursday, pointing to renewed strength in the world's second-largest economy.

HSBC said the preliminary reading of its purchasing managers' index (PMI) came in at 50.1 for the month, up from July's 47.7, which was an 11-month low.

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China , manufacturing , PMI , economy , HSBC

   

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