HSBC China manufacturing PMI rises to a preliminary five-month high of 51.1 in October from 49.9...

|By:, SA News Editor

HSBC China manufacturing PMI rises to a preliminary five-month high of 51.1 in October from 49.9 in September, signalling a return to expansion. The manufacturing output sub-index climbs to 51.7 from 50.3. "All these data confirm our view that there is no risk of a hard landing in China," says HSBC. (PR)