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China's factory activity slows slightly in October

China's factory activity slows slightly in October

BEIJING (Reuters) - China’s factory activity expanded at a slightly slower pace in October but was slightly above analysts’ expectations, suggesting a continuing economic recovery as the country rebounds from the coronavirus shock. The official manufacturing Purchasing Manager’s Index (PMI) fell to 51.4 in October from 51.5 in September, data from the National Bureau of Statistics showed on Saturday, remaining above the...

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China National Bureau of Statistics PMI Purchasing Manager Reuters Western