Comment on China factory indicator at three-year low

China factory indicator at three-year low

Purchase Managers’ Index dips to 49.6, pointing to a manufacturing slowdown and prompting predictions of a further easing of monetary policy by BeijingA key measure of China’s manufacturing activity dropped to its weakest level in more than three years in November, underlining weaknesses in the world’s second-largest economy. Related: Chinese yuan to join elite global currency club Continue reading...

 

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