Factory output rebounds, index shows
By Chen Jia in Beijing and Wang Ying in Shanghai | China Daily | Updated: 2012-11-23 08:13
Manufacturing activity expanded for the first time in 13 months, according to a key index gauging factory output.
The HSBC Purchasing Managers' Index hit 50.4 in November. A reading above 50 indicates expansion.
The index has been gradually improving over the past three months. It stood at 47.9 in September and 49.5 in October.
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