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China's PMI of manufacturing sector rises to 54% in Aug

The Purchasing Managers' Index (PMI) of China's manufacturing sector stood at 54 percent in August, the China Federation of Logistics and Purchasing said Tuesday.

The figure was up 0.7 percentage point from July. The July index gained 0.1 percentage point from the previous month.

A reading of above 50 suggests expansion, while one below 50 indicates contraction.

 

 

 
 
 Source : Xinhua  Editor: Ivy
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