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China's August manufacturing outperforms expectations
PMI improves to 51.3 from July's 51.2; analysts point to recent govt measures to support economic activity
Published Fri, Aug 31, 2018 · 09:50 PM
Beijing
CHINA'S vast manufacturing sector, which performed better than expected in August, has proved particularly resilient even as the ongoing trade war with the US shows no signs of easing.
China's official manufacturing Purchasing Manager's Index (PMI) came in at 51.3 in August, up slightly from 51.2 recorded in July.
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