By  on June 23, 2014

HONG KONG — A key indicator of China's manufacturing output rose to a seven-month high in June, pointing to signs of renewed strength in China's economy and indications that government stimulus measures are helping bolster growth.

The HSBC Flash China Manufacturing Purchasing Managers' Index rose to 50.8 in June, up from 49.4 in May. This was the highest reading since November 2013 when the PMI index was also at 50.8.

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