China manufacturing rebounds in December after record slump

1 min read
Source: CNBC
China manufacturing rebounds in December after record slump
Photo: CNBC
TL;DR

China's manufacturing sector experienced its first expansion since March in December, with official PMI rising above expectations to 50.1, indicating a broader economic recovery supported by increased new orders and production, especially among large enterprises, despite ongoing challenges in smaller firms and the property sector.

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