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China's factory growth rises, but services growth slows
Moody's has also raised its growth forecasts for South Korea and Japan as PMIs globally outperformed
Add BT as a preferred sourcePublished Fri, Sep 1, 2017 · 09:50 PM
Beijing
CHINA'S manufacturing sector remained strong in August despite the central bank's recent cutback of expansionary monetary policies, on the back of strong domestic and foreign demand.
China's two purchasing managers' indexes beat analyst expectations last month, remaining well above the 50 mark that signals expansion versus contraction.
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