The improved reading could bode well for other August data, further confirming a stabilising of the economy. Photo: AFP The improved reading could bode well for other August data, further confirming a stabilising of the economy. Photo: AFP
The improved reading could bode well for other August data, further confirming a stabilising of the economy. Photo: AFP

China August official manufacturing PMI beats expectation, rises to 51

Leading indicator comes in above expectations, easing fears of a rapid slowdown in growth

The improved reading could bode well for other August data, further confirming a stabilising of the economy. Photo: AFP The improved reading could bode well for other August data, further confirming a stabilising of the economy. Photo: AFP
The improved reading could bode well for other August data, further confirming a stabilising of the economy. Photo: AFP
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