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China: Caixin manufacturing PMI index rising in October

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China: Caixin manufacturing PMI index rising in October

In October, the Caixin manufacturing PMI in China recorded 49.2 points from 48.1 previously. The figure improves compared to September, but remains in decline.

Production and new orders drop again in October, while COVID-19 containment measures continue. Selling prices fell for the sixth consecutive month and business confidence rose slightly from the recent low in September

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