HSBC China Manufacturing PMI hits two-year high in January

After adjusting for seasonal factors, the HSBC Purchasing Managers’ Index™ (PMI™) – a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy – posted 52.3 in January, up from 51.5 in December, signalling a modest improvement of operating…

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HSBC China Manufacturing PMI hits two-year high in January

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