China PMI expected to hit 18-month high in Oct

A Jan 9, 2013 picture showing a woman working in a textile factory in Jiangxi that exports clothing materials to the US and Europe. A Reuters poll of economists indicates that China's manufacturing activity in October likely grew at its fastest rate since April 2012 - AFP Photo.

 

BEIJING: China's manufacturing activity in October likely grew at its fastest rate since April 2012, a Reuters poll showed, adding to signs of a stabilisation in the world's No 2 economy as the government readies a series of key economic reforms.