Chinese manufacturing shrinks in December
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AP
Oluşturulma Tarihi: Ocak 05, 2009 00:00
BEIJING -China's manufacturing shrank for a third month in December as export demand fell, suggesting an economic slump is worsening despite government efforts to shield the country from global turmoil, according to data reported yesterday.
A key indicator, the Purchasing Managers Index, edged up from November's all-time low but stood at 41.2, below the 50 level that shows activity is shrinking.