China manufacturing surges

April 6, 2023November 1, 2013 Written by Oregon Business Team

BBC: China’s manufacturing activity grew at its fastest pace in 18 months in October.

The official Purchasing Managers’ Index (PMI), a gauge of the sector’s health, rose to 51.4 from 51.1 in September.
Manufacturing is a key driver of China’s growth and a PMI reading above 50 indicates expansion in the sector.

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