1. China's foreign exchange reserves fell to 3.51 trillion U.S. dollars at the end of September, the country's central bank announced on Wednesday. The reserves decreased by 43.26 billion U.S. dollars in September, marking the fourth consecutive month of declines, according to the People's Bank of China. But the decrease was not as sharp as in August. The reserves dropped by a record 93.9 billion U.S. dollars in August.
2. China's factory activity picked up a bit in September but remained in contraction as the country's manufacturing sector saw improved but still weak demand, official data showed on Oct.1. China's manufacturing purchasing managers' index (PMI) came in at 49.8 in September, up from 49.7 for August after two months of decline in a row, according to data released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.
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