China's manufacturing PMI hits 51.9 in December

04.01.2021

The purchasing managers' index (PMI) for China's manufacturing sector came in at 51.9 in December, edging down 0.2 percentage points from November, the National Bureau of Statistics (NBS) said Thursday.

A reading above 50 indicates expansion, while a reading below reflects contraction.

The PMI remained in expansion zone for the 10th consecutive...