Economics
China’s Manufacturing Index Rises to Four-Month High on Exports
This article is for subscribers only.
A Chinese manufacturing index advanced for a second month in September, as a measure of new export orders rebounded to the highest level since May.
The Purchasing Managers’ Index was at 51.2, compared with 50.9 in August, the China Federation of Logistics and Purchasing said in a statement yesterday. The median estimate in a Bloomberg News survey of 13 economists was for a reading of 51.1. A level above 50 indicates expansion.