Posted inBeijing, China, European Union, Middle East, World

Manufacturing activity expansion keeps China on a roll

Manufacturing activity expanded in China last month but a tightening in monetary policy this year to curb “financial risks” will slow GDP growth. The independent Caixin China General Manufacturing Purchasing Managers’ Index, or PMI, jumped to 51.5 in December, compared to 50.8 in the previous month. Data released on Tuesday showed the fastest pace in […]

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