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China Caixin PMI Returns to Expansion -- Update

Por: MarketWatch Business September 01, 2023

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The rebound came after the index stayed below the 50 mark, which separates activity expansion from contraction, for just one month in July. Subindexes tracking total new orders and factory output both returned to expansionary territory in August, despite the impact of the extreme heat on some manufacturers' production. Export orders improved but still stayed below 50, weighing on Chinese manufacturers' performance, said Caixin. The... + full article



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