Manufacturing Roars Back As China Central Bank Eases (Investor's Business Daily)

Manufacturing rebounds The factory sector saw its sharpest pickup in new business conditions since May, according to Markit’s flash PMI for Oct. It jumped nearly a point to 54.0, defying expectations for no change. New work expanded at the strongest pace in 7 months, Markit said. Strong output was mostly thanks to demand from domestic markets;…

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