China private sector expands in December

NAMPA / DPA

2024-12-31

Beijing (dpa-AFX) - China's private sector expanded at the end of the year as fiscal stimulus and loose monetary policy provided a near-term support to growth, official survey results revealed on Tuesday. The manufacturing Purchasing Managers' Index dropped to 50.1 in December from 50.3 in the previous month, data published by the National Bureau of Statistics showed. The score was expected to remain unchanged at 50.3. However, the index has re......

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