BEIJING (Reuters) – China’s manufacturing exercise grew for the third consecutive month in December, however at a slower tempo, an official survey of factories confirmed on Tuesday, suggesting a collection of latest stimulus measures helps to assist the second largest financial system on this planet.
The official Buying Managers’ Index (PMI) stood at 50.1 in December in comparison with 50.3 in November, above the 50 mark separating development and contraction, however under the median forecast of fifty.3 in line with a Reuters ballot.
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