Reported 3 days ago
China's factory activity showed expansion for the third consecutive month in December, with the manufacturing purchasing managers' index rising to 50.1. While growth was slightly slower than expected, it marks the longest period of expansion since March of last year. The service sector also reported strong growth at 52.2, reflecting overall economic recovery efforts post-stimulus measures. Despite positive signs, sluggish consumption and potential trade tensions remain challenges for the world's second-largest economy.
Source: YAHOO