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01 Dec
08:52

China’s manufacturing output shows signs of stabilising

China’s manufacturing output appeared to be stabilising in November, finally allowing the Caixin China manufacturing purchasing managers’ index (PMI) a small uptick. China’s official manufacturing PMI meanwhile decreased marginally but saw a recovery for large enterprises, Kallanish notes. The Caixin PMI came in at 48.6, up from 48.3 in October, suggesting a continued weakening of conditions but at a slower pace than previously. Cruci…
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