China s factory activity PMI falls to 51.9 in Dec vs 52.1 in Nov
The official manufacturing Purchasing Manager s Index (PMI) fell to 51.9 in December from 52.1 in November, data from the National Bureau of Statistics (NBS) showed on Thursday
Reuters | December 31, 2020 | Updated 08:15 IST
China s vast industrial sector has staged an impressive recovery from the coronavirus shock thanks to the surprisingly strong exports
China s factory activity expanded in December but at a slower pace, as the country leads a pack of major economies emerging from the coronavirus slump. The official manufacturing Purchasing Manager s Index (PMI) fell to 51.9 in December from 52.1 in November, data from the National Bureau of Statistics (NBS) showed on Thursday, remaining above the 50-point mark that separates growth from contraction.