China's manufacturing growth slowed in December, but non-manufacturing PMI rose, signaling mixed economic recovery.

China's manufacturing activity expanded for the third consecutive month in December, though the growth rate slowed slightly to 50.1, down from 50.3 in November. Despite this, the non-manufacturing sector, including services and construction, saw an increase in activity, with its PMI rising to 52.2. This indicates continued economic recovery, though stimulus measures have been deemed insufficient to significantly boost the economy, which faces ongoing challenges like weak consumer demand and a property market downturn.

3 months ago
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