China’s factory activity expanded further in September, new export orders back to growth for first time this year
China’s factory activity expanded further in September, new export orders back to growth for first time this year

China’s factory activity expanded further in September, new export orders back to growth for first time this year

 

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China’s manufacturing and services sectors expanded further in September, as the world's second largest economy continued to recover from the coronavirus fallout.

The official manufacturing purchasing managers’ index (PMI) stood at 51.5 in September, showed data released by the National Bureau of Statistics on Wednesday, accelerating from the reading of 51 in August, and above the median expectations of 51.3 in a Bloomberg poll.

Separately, Caixin/Markit manufacturing PMI fell slightly to 53 in September, compared to 53.1 in August and below the Bloomberg survey expectation for an unchanged reading . . .

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