China August exports beat forecasts, point to stabilization

(Reuters) - China's exports rose more than expected in August, boosted by improving demand for the country's goods in major markets and adding to evidence that the world's second-largest economy may have avoided a sharp slowdown.

China manufacturing sees first expansion in four months

Manufacturing activity in China expanded for the first time in four months despite concerns of a slowdown in its key markets.

China's Purchasing Managers Index (PMI) rose to 50.9 in August from 50.7 the previous month, the China Federation of Logistics and Purchasing (CFLP) said.