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China's manufacturing PMI down in November

The National Bureau of Statistics said on Wednesday (Nov. 30) that the purchasing managers' index (PMI) for China's manufacturing sector came in at 48 in November from 49.2 in October. (TKWW)

The National Bureau of Statistics said on Wednesday (Nov. 30) that the purchasing managers' index (PMI) for China's manufacturing sector came in at 48 in November from 49.2 in October.

Readings below 50 suggest contraction, while those above 50 reflect expansion.

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