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China’s factory activity unexpectedly returns to growth

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China's factory activity unexpectedly returned to expansion in November, for the first time in seven months, indicating a recovery in domestic demand after the government rolled out a raft of supportive measures.

The Manufacturing Purchasing Managers’ Index (PMI) picked up to 50.2 in November, the highest level since March, said the National Bureau of Statistics (NBS) on Saturday, jumping above the 50-point mark that separates growth from contraction.

China's Manufacturing PMIChart from . . .

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