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China's Oct. manufacturing activity at three-month high: HSBC

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BEIJING, Oct. 23 (Xinhua) -- Chinese manufacturers continued to see operating conditions improve in October, as a key index measuring factory activity rose to three-month high.

The HSBC/Markit flash China manufacturing purchasing manager's index (PMI) posted at 50.4 this month, up from September's final reading of 50.2, data company Markit said Thursday in a statement.

A reading above 50 indicates expansion, while a reading below 50 represents contraction.

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