Chinese manufacturing activity increased slightly in November, as power supply shortages eased and commodity prices stabilised to help boost output after two consecutive months of contraction.
The official manufacturing purchasing managers’ index was 50.1 for November, just above the threshold that separates expansion from contraction.
The world’s second-biggest economy has been buffeted in recent months by a property sector downturn and energy shortages that showed signs of abating in November, as Beijing eased a crackdown on developers and intervened to control fuel prices.
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