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China posts surprise growth in September manufacturing

Outlook still tepid after upbeat PMI data amid weaker exports, virus curbs

An employee at a Nio electric vehicle factory in Anhui province. China beat PMI expectations for its first expansion since June, but the outlook for the country's economy remains tepid.   © Reuters

SHANGHAI -- China posted a surprise expansion in factory activity in September, reversing months of declines despite the impact of repeated COVID-19 lockdowns and weakening exports.

But an official services sector index was less upbeat while the widely watched private Caixin survey suggested that manufacturing actually contracted this month.

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