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Thursday, November 01, 2012
October HSBC China Manufacturing PMI - Business Insider
The unofficial HSBC China manufacturing PMI just came out.
The October reading climbed to 49.5 from 47.9 in September.
This final number was notably stronge than the HSBC China Flash (or preliminary) number, which came in at 49.1 last week.
Of course like all Data this will be revised down the following month. I have my doubts about the validity of this number in that the Globe is slowing to a crawl.
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