|Chinese Manufacturing Slows Down|
Chinese manufacturing slowed down in November, its anemic growth slipping into a contraction, according to published reports recently.
China's official PMI, the index that tracks purchasing managers' activity in the manufacturing industry, slid to 49 from 50.4 in October. This means that it slipped from a position of mild growth to a level of decline.
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Published on our website on December 6, 2011