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China Nov Official Factory Pmi Hits Seven-Month High


Ron Burgundy
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BEIJING (Reuters) - China's official manufacturing purchasing managers' index rose to a seven-month high of 50.6 in November from 50.2 in October, the National Bureau of Statistics said on Saturday. The headline figure is in line with an economist poll by Reuters this week, and confirms a trend toward recovering growth in the world's second-largest economy. A PMI reading below 50 suggests growth slowed, while a number above 50 indicates accelerating growth. ...

 

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