China factory activity falls for fifth month

Mubasher: China's industrial activity fell in December to continue the decline for the fifth successive month.

The official manufacturing Purchasing Managers' Index (PMI)stood at 49.7 in December, compared with 49.6 in November, according to Markit Economist.

The official non-manufacturing Purchasing Managers' Index(PMI) rose to 54.4, from November's 53.6, according to the National Bureau of Statistics.

Mubasher Contribution Time: 01-Jan-2016 09:47 (GMT)