China's manufacturing rebounds, HSBC index shows

08/21/2013 | Reuters · Market News International · CNBC

China's manufacturing sector is posting its strongest performance in four months as new orders increase, according to the HSBC Flash China Manufacturing Purchasing Managers' Index. The index rose to 50.1 in August, from July's 47.7, the lowest reading in 11 months, on a scale in which anything above 50 points indicates expansion. The subindex that tracks new orders jumped to 50.5 in August, a four-month high.

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Reuters · Market News International · CNBC

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