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China PMI down a tad in January, but the worst is yet to come
Analysts warn that the month's data does not factor in the full impact of the coronavirus outbreak
Published Fri, Jan 31, 2020 · 09:50 PM
Beijing
CHINA'S manufacturing sector stabilised, with the Purchasing Managers' Index (PMI) coming in at 50.0 for the month of January, but analysts warned that the data must be taken with a pinch of salt as the statistics do not reflect the full effect of the novel coronavirus.
The "50" reading for January was down slightly from 50.2 in December 2019, said the National Bureau of Statistics (NBS) on Friday.
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