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China climbs on manufacturing strength

Shanghai bucked the broadly weaker tone in the region's stock markets yesterday as economic figures pointed to strong growth in China's manufacturing sector.

The Composite index jumped 2.7 per cent to 3,076.65, its biggest one-day gain for three weeks.

China's official purchasing managers' index, produced for the National Bureau of Statistics, came in above the expansionary 50 level in October for an eighth successive month.

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