China factory growth seen slowing only slightly in Dec - Reuters poll

The results of the latest Reuters poll showed that a majority of the 30 economists polled, expect the Chinese manufacturing sector activity to decelerate only slightly this month, in spite of the fact that some factories were forced to curb production on pollution concerns.

Key Findings:

“The official manufacturing Purchasing Managers’ Index (PMI) on Sunday is expected to dip marginally to 51.6 for December from an unexpectedly solid 51.8 in November.

While the reading is seen softening, it would still suggest the 18th straight month of expansion for China’s manufacturers, which are posting their strongest profits in years thanks to a building boom and resurgent export demand.”