Mon, 02 Jan 2012 07:46:50 GMT
China manufacturing PMI slightly up in December
China's production measure improved in December,
indicating that a strike in the country's economy might be stabilizing
despite European debt woe which weakens the exports outlook. Purchasing
Managers' Index rose to 50.3 in December compared to 49 previous month, said Chinese logistics
federation yesterday. In contrast, PMI estimated by HSBC showed an increase from
47.7 to 48.7.