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 . . .
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