China’s manufacturing PMI hit five-month high in September boosted by faster rises in production and new business
Sep 29th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
China's manufacturing seasonally adjusted headline HSBC Purchasing Managers’ Index (PMI) hit five-month high in September signalling a moderate improvement in Chinese manufacturing sector operating conditions. The index has climbed over three points since posting below the neutral 50.0 threshold in July, suggesting that growth momentum in the sector continued to build during the latest survey period.