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ECONOMICS COMMENTARY Aug 22, 2013

China: Manufacturing stabilises in August

China's manufacturing economy stabilised in August bringing a three-month period of decline to an end, according to the HSBC flash PMI produced by Markit. The headline PMI rose sharply from July's near post-crisis low of 47.7 to 50.1, edging above the no-change level of 50 for the first time since April.

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