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"the world's second-largest economy may have escaped the recession," Reuters on the 2nd of optimistic comments appeared in many media reports. HSBC announced the same day edition China August Purchasing Managers' Index (PMI) was 50.1, more than seven months of 47.7, showing Chinese manufacturing run relatively stabilized. "Economists cheer optimistic data, the indications in 12 quarters in the past 14 quarters cooling of the Chinese economy is finally stabilized." Affected by China, Japan, Australia and other countries appear stocks on the 2nd rise. September 1, PMI values China's official rebounded sharply to 51.0 last month increased by 0.7%. Chinese official data from state-owned enterprises with certain scale,scarpe running nike, while the HSBC PMI data generally comes from small and medium version,moncler homme pas cher, it is called "grassroots PMI". "This is the latest sign that the world's second largest economy, painful and lengthy recession could stabilize," said the Associated Press on the 2nd. CNN said that China's factory "seems to have bounce back from frustration." Reuters said on the 2nd,felpe hollister, the HSBC PMI termination edition slowdown state the previous three consecutive months, although growth is weak, or give comfort to financial markets. A month ago,barbour france, after the Chinese currency market suffered an unprecedented cash crisis,giuseppe zanotti sneakers, investors are worried that China's economy slid into recession more severe than expected. But policy-makers have adopted a series of measures of economic intervention, including speeding up investment in railways, public housing construction and help small business financing. It reported that senior Chinese officials generally believe that there are clear signs that the Government an annual GDP growth of 7.5 per cent target is to be completed. HSBC economist Qu Hongbin noted that active purchasing situation will improve business inventories.
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