Asia's manufacturing-sector expansion held around multi-month highs in November, factory surveys showed, with China maintaining its momentum but growth in other key exporters such as Japan, South Korea and Taiwan picking up speed. Japan's PMI, released on Friday, showed manufacturing activity expanding at its quickest pace in more than seven years as new export orders reached their highest level in over three years. The HSBC/Markit China PMI on Monday edged back to 50.8 in November from a seven-month high of 50.9 in October, although HSBC economist Qu Hongbin said the survey also pointed to spots of weakness. However, China's official PMI released at the weekend, which focuses more on bigger firms compared with smaller ones in the HSBC survey, held at 51.4 in November, unchanged from the 18-month high hit in October.
via Business News - Yahoo Finance http://finance.yahoo.com/news/china-factory-sector-growth-steady-061416012.html
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