World

China Manufacturing Growth at 6 Month High

Export orders rebound

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An indicator of China's factory sector performance rose to its highest level in six months in September as new export orders rebounded, preliminary results of a survey by Markit Economics and HSBC revealed Monday.

The headline purchasing managers' index rose to a six-month high of 51.2 in September from 50.1 in August. A PMI reading above 50 indicates expansion of the sector.