Forex Blog

January 4, 2010

China’s Manufacturing Could Reach 10%

China’s Purchasing Managers Index (PMI) rose from 55.7 last month to 56.1 in December, further supporting the view of some economists that China’s manufacturing output could increase by as much as 10 percent this year. On the downside, the rapid increase in manufacturing is fueling concerns that inflation could threaten the economy.

BBC News

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