China economy: Manufacturing activity rises in September - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

China's manufacturing activity surges in September, affirming its path to economic recovery

China's economic growth hit a three-decade low in 2018, adding to pressure on Beijing to beef up stimulus measures and settle a tariff war with Washington.The official China Manufacturing Purchasing Managers Index rose to 51.5 in September, from 51 in August. Manufacturing activity remained strong ahead of the week-long Golden Week national holiday that starts on Thursday.

The official China Manufacturing Purchasing Managers Index rose from 51 in August to 51.5 in September, beating analyst estimates. A PMI reading of 50 is the separation point between contraction and expansion.UBS says the chances of a Democratic sweep have risen to 50% as Trump and Biden square off in their first debate. These 9 assets will help investors profit if a blue wave comes crashing in.

Manufacturing remained high ahead of the week-long Gold Week national holiday, which starts this Thursday in China. The Caixin/Markit PMI, a private manufacturing activity also released on Wednesday, tipped slightly lower but still stood well above expansion territory, with a reading of 53 in September versus 53.1 in August.JPMORGAN: The best defenses against stock-market crashes are delivering their weakest results in a decade. Here are 3 ways to adjust your portfolio for this predicament

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside MatPat's Game Theory YouTube strategy and business: interview - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Donald Trump's 8 properties, from New York to St. Martin - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Damn I want to be like Trump!! Owns or owes on? Trump 10 yıldır hiç vergi ödemedi
Source: BusinessInsider - 🏆 729. / 51 Read more »

Photos: Take a look inside John Legend and Chrissy Teigen's new home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Cheap compared to Jeff Bezos’ house. Or the 1bil$ House in India :3 And on the same day John went on TV to announce that people should move out of America because orange man bad.
Source: BusinessInsider - 🏆 729. / 51 Read more »