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China PMI
China Manufacturing PMI At 50.2 In May, In Line With Forecasts
The official manufacturing Purchasing Managers’ Index (PMI) edged up to 50.2 from April’s 50.1 in line with analysts’ forecast for a 50.2 reading. A reading above 50 points indicates growth on a monthly basis, while one below that points to contraction. “In view of the sizes of enterprises, the PMI of large-sized enterprises was 50.7 … Continue reading
Factory Output Growth In China Declines Further In November
Growth in China’s factory output slumped again in November, AP reported. Industrial production rose by 7.2 percent over the previous year, according to government data published on Friday. The figure, which was down from October’s 7.7 percent growth and September’s 8 percent rate, is seen as a new sign of weakness in the world’s second-largest … Continue reading
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