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Chinese factory activity expands in September amid AI boom
BEIJING: China’s factory activity expanded in September, official and private surveys showed on Wednesday, as easing weather disruptions allowed factories to resume operations and a global AI boom supported the industrial sector. But the recovery remains uneven, as weak consumption and investment continue to weigh on the outlook. Analysts say additional policy support may be needed as the property downturn drags on confidence among businesses and households. The official manufacturing purchasing managers’ index (PMI) rose to 50.1 from 49.8 in August, ending two straight months of contraction, ...
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