China manufacturing sector snaps 2-year growth streak

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China manufacturing sector snaps 2-year growth streak
By Hudson Lockett in Hong Kong
China’s manufacturing sector snapped a more than two-year growth streak in November as contraction at smaller businesses intensified and growth in new orders slowed further.
China’s official manufacturing purchasing managers’ index fell to 50 this month, dead-on the 50-point line between growth and contraction indicating no change from the previous month and coming in below a median forecast of 50.2 from economists surveyed by Reuters.

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