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Global Economic News

China's Manufacturing Growth Moderates In December

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

China's manufacturing sector growth moderated at the end of 2020 as output and new work logged slower expansions, survey results from IHS Markit revealed on Monday.

The manufacturing Purchasing Managers' Index fell to 53.0 in December from 54.9 in the previous month. The score was also below economists' forecast of 54.8.

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