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PMI rises – sentiment remains tense

Sentiment in China’s manufacturing sector remains tense. The Caixin Purchasing Managers’ Index PMI for manufacturing recorded a reading of 50.6 for October, just slightly above the 50-point threshold that is considered the boundary between positive and negative growth. Meanwhile, the PMI of the National Bureau of Statistics for October fell as much as 0.4 points to just 49.2.

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