China's Factory Activity Moderates, Private Survey Shows.

STANDARD & Poor's Financial Services LLC; BLOOMBERG LP; ABBREVIATIONS; CONSUMER confidence; PURCHASING managers index; INDEX numbers (Economics); ECONOMIC conditions in China

"The Caixin setback suggests private businesses and exporters are still under heavy pressure", said Eric Zhu, a Bloomberg economist. The Caixin manufacturing purchasing managers' index was 50.6 last month, Caixin and S&P Global said in a statement Sunday - dipping closer to the 50 line, below which indicates contraction from the month before. (Bloomberg) -- A private gauge of China's manufacturing activity slowed its pace of expansion in September, suggesting there's still room for caution as the nation charts its economic trajectory for the rest of the year. [Extracted from the article]

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