Survey: China manufacturing at 27-month high

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HONG KONG (AP) — Chinese manufacturing rose to the highest level in more than two years in July in the latest sign that the world’s No. 2 economy is perking up after a series of mini-stimulus measures unleashed by authorities.

The purchasing managers’ index compiled by the China Federation of Logistics and Purchasing rose to 51.7 last month from June’s 51.0 and is at the highest level since April 2012.

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