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China factory activity maintains growth in Nov

But PMI for small businesses fell to 48.3, its fourth monthly decline

Humming: Output growth was bolstered by quicker expansion of new business, largely driven by domestic demand. - PHOTO: REUTERS

CHINA'S manufacturing activity stabilised in November, outperforming analysts' expectations of a retraction on rising credit costs and slower restocking of inventories by companies. The official Purchasing Managers' Index (PMI) published on Sunday by the National Bureau of Statistics remained