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China Manufacturing Activity Expands More Than Expected in November: official PMI

Dec 01 , 2016

Activity in China's manufacturing sector expanded more than expected in November, and at the fastest pace in more than two years, an official survey showed on Thursday.

The official Purchasing Managers' Index (PMI) stood at 51.7 in November, compared with the previous month's 51.2 and above the 50-point mark that separates growth from contraction on a monthly basis.

The reading was the highest since July 2014, when it also stood at 51.7.

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