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China's official PMI rebounds to 50.3 pct in December


09:35, January 01, 2012

BEIJING, Jan. 1 (Xinhua) -- China's PMI, a preliminary readout of the country's manufacturing activity, rebounded to 50.3 percent in December of 2011, indicating a stabler slowing trend of economic growth.

The December Purchasing Managers' Index was up 1.3 percentage points from 49 percent in November, the China Federation of Logistics and Purchasing said Sunday.


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