China's factory, services growth slows in Dec
The official PMI stood at 51.4 in December compared with 51.7 in November
 "A Mazda Cx-5 is seen in production inside the Changan Mazda factory in Nanjing, Jiangsu")
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A Mazda Cx-5 is seen in production inside the Changan Mazda factory in Nanjing, Jiangsu
China’s manufacturing sector expanded for a fifth month in December, but growth slowed a touch more than expected in a sign that government measures to rein in soaring asset prices are starting to have a knock-on effect on the broader economy. The official Purchasing Managers’ Index (PMI) stood at 51.4 in December compared with 51.7 in November. A reading above 50 indicates an expansion on a monthly basis while one below 50 suggests a contraction. December’s reading was slightly below the forecast in a Reuters poll for 51.5.