China manufacturing PMI slightly up in December

Note: This section contains information in English only.
Source: Bloomberg

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.

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