China September official factory gauge seen showing 2nd month of growth

China September official factory gauge seen showing 2nd month of growth
 

Activity in China's manufacturing sector likely expanded modestly for a second straight month in September, a Reuters poll showed, suggesting the economy is stabilizing thanks to government infrastructure spending and a property market boom.
The official manufacturing Purchasing Managers' Index (PMI) is expected to be 50.4 for September, unchanged from August and above the neutral 50.0 mark separating growth from contraction on a monthly basis, according to the median forecast of 30 analysts polled by Reuters.
Profits earned by China's industrial firms grew the fastest in three years in... read more

 
27 September 2016 in Business, Views: 38
Source: Reuters
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