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The Piney Point

Factory activity returns to expansion in a positive sign for China’s economy

Factory activity returns to expansion in a positive sign for China’s economy
Photo: KPRC 2 / Click2Houston (NBC) · view original

China’s factory activity expanded in September for the first time in three months, striking a more positive tone as Chinese officials look to bolster economic growth. The official manufacturing purchasing managers’ index, or PMI, climbed to 50.1 from 49.8 in August, China’s National Bureau of St...

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