Home / Market Update / Chinese Manufacturing PMI Fell to 51.9 in December

Chinese Manufacturing PMI Fell to 51.9 in December

The manufacturing PMI fell to 51.9 in December from 52.1 last November.

The Chinese economy is expected to expand about 2% for the full year at the weakest pace in more than three decades.

The official PMI showed that the new export orders sub-index stood at 51.3 in December, down from 51.5 the previous month.

Check Also

U.S. and China Agree to 90-Day Tariff Truce, Markets Rally on De-escalation Hopes

In a significant step toward easing trade tensions, the United States and China announced on …