China official PMI seen hitting 18-month high in October

With the aid of Natalie Thomas BEIJING (Reuters) – China's manufacturing task in October probably grew at its quickest rate for the reason that April 2012, a Reuters ballot showed, adding to signs of a stabilization on this planet's No.2 economic system as the government readies a collection of key economic reforms. The legit manufacturing buying managers' index (PMI) is forecast to succeed in 51.2 from September's 51.1, in line with the median estimate of eleven economists, ultimate smartly above the 50 point line keeping apart expansion from contraction. …