Chinese manufacturing takes shine off global PMI positivity

By Laura Syrett
Published: Friday, 03 January 2014

Strong growth in US and Eurozone undercut by slowing Asian economies

Global manufacturing activity posted its fastest growth in almost three years in December, stoking hopes that expansion in the world economy will accelerate in 2014. Data compiled for the monthly purchasing managers’ index (PMI) by Markit and JPMorgan published on Thursday recorded its highest reading since April 2011, with a...

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