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The Caixin China manufacturing...........>

CHINA DATA
CHINA DATA: The Caixin China manufacturing Purchasing Managers' Index (PMI)
edged down 0.4 to 51.5 in January from December. The index stayed in the
expansionary zone above the breakeven 50 but is at the lowest point in five
months, said Caixin.
- The new orders sub-index continued to fall for the third consecutive month,
but remained above 50. Meanwhile, the new export orders sub-index fell below 50
due to weak overseas demand, according to Caixin.
- The output sub-index also fell to its lowest since September 2019, Caixin
added.
- The Caixin figure was in line with the trend of the official PMI, reported by
the National Bureau of Statistics on Jan 31, which edged down 0.2 to 50 in
January from the previous month.
- The Caixin PMI tracks small and medium sized manufacturers which are not
surveyed by the NBS.
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