China's Economy Has `Hit Bottom,' Barclays Says

Nov. 1 (Bloomberg) -- Nigel Chalk, Singapore-based head of emerging Asia research at Barclays in Singapore, talks about regional economies and central banks' monetary policies. China’s manufacturing expanded for the first time in three months in October, adding to signs growth in the world’s second-biggest economy is rebounding after a seven-quarter slowdown. China’s Purchasing Managers’ Index was 50.2 in October, the National Bureau of Statistics and China Federation of Logistics and Purchasing said today. Chalk speaks with Mia Saini on Bloomberg Television's "First Up." (He spoke before the purchasing managers' index was released. Source: Bloomberg)