China Manufacturing Expands a Sixth Month, PMI Shows
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- Published on Wednesday, 30 September 2009 10:13
Chinese manufacturing expanded for a sixth month in September on government stimulus spending and record bank lending in the first half of the year, a purchasing managers’ index released by HSBC Holdings Plc showed.
The index dropped to a seasonally adjusted 55 from August’s 16-month high of 55.1, HSBC said in an e-mailed statement today. A reading above 50 indicates an expansion.
Source: Bloomberg















