China Manufacturing Activity in First Expansion Since March

(Bloomberg) — China’s manufacturing activity returned to expansion for the first time in six months, adding to signs that some parts of the economy are finding their footing again.

The official manufacturing purchasing managers’ index rose to 50.2 this month from 49.7 in August, the National Bureau of Statistics said Saturday, beating economists’ expectations and climbing above the 50 level that separates expansion from contraction.