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MARKET WATCH
Authors:HU YUE
Abstract:The manufacturing industry shows signs of a turnaround,with the purchasing managers index staging a comeback in August.China'sbig four state-owned commercial banks are generating windfall profits,though risks still loom large.Fund management companies are swimming in red ink,receiving cues from flagging stock markets.Industrial enterprises experience slowed profit growth.Chinese shipping giant COSCO falters because of tepid demands and overcapacity woes.
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