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CHINESE MANUFACTURING SLIGHTLY RISES

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china president xi jinping

A little bit of surprise good news in China.

Chinese manufacturing may have grown a little bit in September, according to the Markit flash PMI report.

The index came in at 50.5, up from 50.2 in August. Anything above 50 indicates growth; so Chinese manufacturing is improving — barely.

This chart shows how China has of late been right of the cusp of even.

Screen Shot 2014 09 22 at 9.47.10 PM

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