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Positive China signal as official PMI shows growth

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Beijing: China’s manufacturing activity expanded in December for a third straight month, official data showed, adding to signs the world’s number two economy is emerging from a prolonged downtrend. The official purchasing managers’ index (PMI) stood at 50.6 in December, unchanged from the previous month, according to the China Federation of Logistics and Purchasing and [...] Reported by The News Tribe 3 hours ago.

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