A key index of China's manufacturing activity rebounded to 50.1 in August, its first month of expansion since April as market conditions improved, HSBC said on Monday.
Smoke rises from a chimney at a chemical factory in Huaibei, on August 14, 2013. Manufacturing activity rebounded in August, in its first month of expansion since April.
The British banking giant's purchasing managers' index (PMI) for last month improved from an 11-month low of 47.7 in July and came after three months of contraction, HSBC said in a statement.
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