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01 Dec
00:00

Chinas manufacturing sector stutters

China’s manufacturing purchasing managers’ indices (PMI) have been confirmed as down month-on-month in November. However, the figure from HSBC signalled a bleaker picture, with key components in contraction, Kallanish notes. The official PMI slipped 0.5 points to 50.3 in November, while the HSBC figure was down 0.4 points to 50, the lowest possible level without signalling a contraction. The HSBC figure, however, did suggest the first d…
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