BEIJING (Reuters): China's factory activity expanded in December as hot export demand fueled a recovery in the world's second-largest economy from the coronavirus slump, although higher labour and transport costs slowed the pace of growth.
The official manufacturing Purchasing Manager's Index (PMI) fell to 51.9 in December from 52.1 in November, data from the National Bureau of Statistics (NBS) showed on Thursday (Dec 31).
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