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China's official December PMI rises to 50.3, beating estimates of 49.1 and last month's 49.0....

China's official December PMI rises to 50.3, beating estimates of 49.1 and last month's 49.0. The "festival effects" of the western New Year and upcoming Chinese celebrations helped boost the gauge, says the statistics bureau in a statement. HSBC's PMI also rose in December, but remained in contractionary territory at 48.7.
Comments (2)
  • HAPPY NEW YEAR TO EVERYONE!
    1 Jan 2012, 08:19 AM Reply Like
  • HNY to U2!
    2 Jan 2012, 05:56 PM Reply Like
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