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China's official PMI remains unchanged at 50.6 in December but misses consensus of 51. Along...

China's official PMI remains unchanged at 50.6 in December but misses consensus of 51. Along with the HSBC PMI data yesterday, the reading provides more evidence that economic growth is accelerating again. However, some analysts warn that the pickup may reflect renewed infrastructure spending and not the growth in consumer activity that the government believes is necessary to rebalance the economy.
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