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China manufacturing activity grows at fastest pace in 6 months due to strong supply, demand rebounded

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[unable to retrieve full-text content]China’s factory activity grew at its fastest pace in six months in December, driven by production hikes and easing price pressures, but a weaker job market and business confidence added uncertainty, a private survey showed on Tuesday.The Caixin/Markit manufacturing purchasing managers’ index (PMI) rose to 50.9 in December – its highest level since June.Economists in a Reuters poll had expected the index to rise to 50.0, which separates growth from contraction on a monthly basis, from November’s…

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[unable to retrieve full-text content]
China’s factory activity grew at its fastest pace in six months in December, driven by production hikes and easing price pressures, but a weaker job market and business confidence added uncertainty, a private survey showed on Tuesday.The Caixin/Markit manufacturing purchasing managers’ index (PMI) rose to 50.9 in December – its highest level since June.Economists in a Reuters poll had expected the index to rise to 50.0, which separates growth from contraction on a monthly basis, from November’s…
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