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PMI Hits 54.3 in Chinese Economy

September 30th, 2009 · No Comments

The Chinese economy’s Purchasing Managers Index (PMI) hit 54.3 in September according to the China Federation of Logistics and Purchasing and Dow Jones.

PMI, the gauge of manufacturing activity in the Chinese economy, rose from 54.0 in August.

Despite the positive China economic news, only six of the eleven categories that compose the index actually rose while the other five declined.

Tags: China Economy

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