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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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 Purchasing Managers' Index (PMI) is forecast to inch up to 49.7 from November's 49.6, according to a median forecast of 27 economists in a Reuters poll.
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