The Caixin Manufacturing Purchasing Managers’ Index (PMI) in China stood at 50.1 in September of 2016 up only fractionally from the 50.0 it registered in August and in line with market consensus. It was the third straight month of expansion as output and new orders went up marginally while new export orders stabilised. At the same time, job shedding eased and firms raised their purchasing activity for the third month in a row. The amount of outstanding business increased further and … [Read more...] about China PMI shows stabilising economy, but risk of decline