New data reveal Chinese markets on the upturn

Source: BBC Business
Data regarding China's manufacturing activity have revealed a better-than-expected turnout, reversing losses from August. The HSBC account of the Purchasing Managers Index (PMI) crossed the threshold of 50.2, its level in August, and came to 50.5. Generally, any reading above 50 is seen as a sign of an expansion. Despite this positive data, China's property price have been on the decline due to the low demand.

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