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China manufacturing in December likely to be down for 5th straight month

Official industry PMI still below 50 points, pointing to further easing in GDP growth next year

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Official data on Sunday showed Chinese industrial profits fell 1.4 per cent in November from a year earlier, marking a sixth consecutive month of decline.

Beijing

ACTIVITY in China's manufacturing sector is expected to have contracted for a fifth straight month in December, a Reuters poll showed, likely consigning the world's second-largest economy to its slowest annual growth in a quarter of a century.

The official manufacturing

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