China's manufacturing sector continued to improved

01 November 2009 @ 09:59 pm EDT

China's PMI manufacturing HSBC rose to 55.4 in October from 55 in September to expand at the fastest pace in 18 months. Today's reading reflects improvements in the Chinese manufacturing sector that is rebounding backed by a 4 trillion yuan of stimulus spending, worth mentioning that the world's third largest economy expanded 8.9% in the third quarter of this year.

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