Chinese manufacturing activity continues to expand, recovering from Covid crisis

China’s official manufacturing

China’s official manufacturing Purchasing Manager’s Index (PMI) for September has come in at 51.5, as compared to 51.0 in August, according to its National Bureau of Statistics (NBS). A figure above 50 indicates expansion.

The reading was above analysts’ expectations; polling by Reuters projected the index to come in at 51.2. 

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