China's official PMI for November rises to 50.6 from 50.2 previously. The report is inline with...

|By:, SA News Editor

China's official PMI for November rises to 50.6 from 50.2 previously. The report is inline with expectations and marks a 7-month high for the index. In an accompanying statement, the National Bureau of Statistics notes the gain was the result of better business at large firms (those most quickly to benefit from government stimulus), but small and medium firms saw continued entrenchment.