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HSBC's "flash" China PMI ticks up to 50.5

The broad slowdown that hit China's economy in August might not have continued into September, according to HSBC's "flash" purchasing managers index for the manufacturing sector.

The preliminary survey gave a reading of 50.5, a two-month high and up from 50.2 in August. Economists were anticipating a score of 50.0 - with several expecting outright contraction. A score above 50 signals growth.

A fuller survey on the manufacturing sector is due next week.

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