A survey focused on small and mid-size businesses in China beat expectations on Monday, reaching a four-month high.The Caixin/Markit manufacturing Purchasing Managers’ Index for December came in at 51.5. Economists polled by Reuters expected the private Caixin/Markit PMI to come in at 50.6 in December versus 50.8 in November.A reading above 50 indicates expansion, while a reading below that signals contraction.
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