China manufacturing activity expanded at slower pace in December amid slower export growth, rising costs - private survey

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

China's manufacturing activity expanded at a slower pace in December due to weak demand for the country's exports and rising costs, showed a private survey on Monday.

The Caixin/Market China purchasing managers' index (PMI), which is weighted toward small, private manufacturers, was 53 in December, easing from 54.9 in November, which was its highest level in a decade.

December's reading was the eighth consecutive month that the Caixin PMI held above the 50 mark, which indicates an expansion in activity. The reading was the softest in three months and was . . .

Sign In or Subscribe To Get Full Access.

Try Us For Free

Unlock exclusive content tailored to the complexity of the Chinese market.

From regulatory updates and economic indicators to market trends and company spotlights, we've got you covered.

Grab Our Welcome Offer!