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The Caixin China manufacturing...........>

CHINA DATA
CHINA DATA: The Caixin China manufacturing Purchasing Managers Index (PMI) rose
for the third consecutive month to 51.4 in September from August's 50.4, further
into the expansionary zone above the breakeven 50 and hitting the highest level
since March 2018. 
- The improvement has been driven by the robust recovery in production and
domestic demand, according to Caixin. Although the new orders sub-index hit
18-month high the sub-index remained below 50, Caixin said.
- The Caixin figure was in line with the trend of the official PMI, reported by
the National Bureau of Statistics today, which edged up 0.3 pp to 49.8 in
September from August.
- The Caixin PMI tracks small and medium sized manufacturers which are not
surveyed by the NBS.

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