
China's manufacturing activity picked up speed in August, hitting a 16-month high, allaying some fears of a sharp slowdown in its economy. The official Purchasing Managers' Index (PMI) rose to 51 from 50.3 in July. via Pocket http://www.bbc.co.uk/news/business-23894483#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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