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China manufacturing rebounds in May
Aggregated Source: Shanghai Daily: Business

China's Purchasing Managers' Index for the manufacturing sector rose to 50.8 percent in May from 50.6 percent in April, data from the China Federation of Logistics and Purchasing (CFLP) showed today.

May marked the eighth consecutive month that the PMI figure stayed above 50 percent, which demarcates expansion from contraction, according to a statement of the CFLP.

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Copyright Shanghai Daily: Business