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China’s manufacturing sector hits four month high, boosting stocks

January 4, 2018

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The manufacturing industry in China successfully beat its predicted forecasts in the final months of 2017.

According to the Caxin-Markit manufacturing purchasing mangers’ index, Decembers rating was a rapid increase, rising from 50.8 in the previous month to 51.5.

This makes December the fastest growing rate for China’s sector in four months.

Output, new orders, and exports were some of the fastest-paced sales at the end of last year.

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