The PMI picked up to 49.8 from 49.2 in July, remaining below the 50-mark separating growth from contraction. Read more at straitstimes.com. Read more at straitstimes.com.

China's official manufacturing PMI rose to 49.8 in August from 49.2, beating forecasts but marking a second straight month of contraction amid

The PMI index was up last month to 49.8 from 49.2 in July, according to figures from the National Bureau of Statistics.