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03 Jan
15:39

China’s manufacturing sector strengthens in December

China’s two major manufacturing purchasing managers’ indices (PMIs) were both strong in December as output and orders soared. The input costs indices were also high but could retreat in the coming months as various commodity prices peak, Kallanish notes. The Caixin manufacturing PMI increased to 51.9 from 50.9 in November, the highest value since January 2013. The manufacturing output index was at a 71-month high and average input prices increased at…
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