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China Nov manufacturing PMI 38.8 vs 44.6 in Oct - CFLP.
(From AFX Europe (Focus))
BEIJING (XFN-ASIA) - The purchasing manager's index (PMI) for the manufacturing sector fell to 38.8 points in November from 44.6 in October, the China Federation of Logistics and Purchasing (CFLP) said.
A reading above 50 indicates expansion in manufacturing activity while a reading below 50 represents a contraction.
China first reported PMI data in June ...
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