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China Final Sept HSBC PMI Steady on Firmer Global Demand but Risks Remain

Posted October 02, 2014

Under Economic Issues, International Trade Issues

(Reuters)

China’s vast factory sector showed signs of steadying in September as export orders climbed, a private survey showed on Tuesday, easing fears of a hard landing but pointing to a still-sluggish economy facing considerable risks.

The final HSBC/Markit Manufacturing Purchasing Managers’ Index(PMI) hovered at 50.2 in September, unchanged from the August reading which was a three-month low, but lower than a preliminary reading of 50.5. Read more here.