A key index of manufacturing activity in China turned positive in October

BEIJING -- A intimately watched study connected manufacturing successful China has edged into affirmative territory, nan authorities statistic agency said Thursday.

The Purchasing Managers’ Index roseate to 50.1. A reference supra 50 indicates an betterment complete nan erstwhile month. It was nan first betterment aft 5 consecutive months of decline.

The emergence follows nan cardinal bank’s announcement of a bid of steps to boost nan system successful precocious September. Investors and business owners are waiting to spot if nan authorities approves further stimulus measures for nan system astatine a gathering of China's apical legislative assemblage adjacent week.