Chinese manufacturing expanded at its fastest rate in 20 months in December, official figures show.
The latest data suggests that the Chinese economy has further consolidated its recovery from the global downturn, although travelling around Southern China, the number of factories which have closed is still large.
China's official PMI (Purchase Managers Index) stood at 56.6 in December, up from 55.2 in November. This index is the benchmark for all figures relating to manufacturing growth in China, and is the best measure for future economic activity.
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