From Bloomberg: (Chinese PMI rises more than expected)
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Stocks pared declines after China’s manufacturing expanded at a faster pace in December, according to the final reading of a Purchasing Managers’ Index from HSBC Holdings Plc and Markit Economics today. The 51.5 figure, the highest since May 2011, compares with the 50.9 preliminary reading published Dec. 14 and 50.5 in November. A reading above 50 indicates expansion
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