Goldman on the Caixin PMI. China’s Caixin manufacturing PMI rose to 50.4 in August from 49.8 in July. Among major sub-indexes, the new order sub-index increased to 50.3 from 49.2 and the output sub-index rose to 50.7 from 50.2. The employment sub-index edged up to 50.0 from 49.9. The suppliers’ delivery times sub-index fell to
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