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MNI index shows China business expanding in Dec
By Hu Xiaocen |
December 21, 2012, Friday
|
Online Edition
Online Edition
BUSINESS conditions in China continued to improve in December, though at a slower pace than the previous month, a preliminary reading of a business sentiment indicator showed today.
The monthly flash index that measures Chinese business conditions expanded for a fourth straight month in December to 52.23, but fell slightly from November's final reading of 52.78, according to Market News International, a unit of Deutsche Boerse Group.
A reading above 50 indicates business expansion, while a figure below 50 means contraction.
The monthly flash index that measures Chinese business conditions expanded for a fourth straight month in December to 52.23, but fell slightly from November's final reading of 52.78, according to Market News International, a unit of Deutsche Boerse Group.
A reading above 50 indicates business expansion, while a figure below 50 means contraction.
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