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China factory activity accelerated in December: Caixin

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Published Tue, Jan 2, 2018 · 09:50 PM

    Beijing

    CHINESE factory activity accelerated in December, according to independent data released on Tuesday, a positive indicator for the world's second-largest economy to kick off the new year.

    The Caixin Purchasing Managers Index (PMI) - an indicator of conditions at small manufacturers - rose to 51.5 in December, up from 50.8 in November and the highest reading since August.

    Caixin

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