China factory activity edges up in December as commodity prices ease

China factory activity edges up in December as commodity prices ease

Energy Daily

Published

Beijing (AFP) Dec 31, 2021

Manufacturing activity in China edged up in December, official data showed Friday, beating expectations as the price of commodities eased and despite sporadic closures due to Covid outbreaks. The Purchasing Managers' Index (PMI) - a key gauge of manufacturing activity - in the world's second-biggest economy rose to 50.3, remaining above the 50-point mark separating growth from contraction

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