Fri, 23 Jan 2015 13:31:05 GMT
Chinese manufacturing gauge advances aided by stimulus plan
The manufacturing index rebounded in January, as implemented stimulus measures managed to support stabilisation of the Chinese economy. The PMI was at the 49.8 level, outperforming the mean forecast of 49.5. Meanwhile, China's GDP strengthened 7.4% in 2014, the slowest yearly rate in 24 years.