The Markit/Caixin Purchasing Managers' Index (PMI) for China's manufacturing activity came in at 51.5, compared to 51.8 in November.
PMI readings above 50 indicate expansion, while those below that level signal contraction., data from the country's statistics bureau showed.
Investors are keeping a close watch on the health of China's economy amid a long-drawn trade conflict between thethat they had reached a phase one trade deal including some tariff relief, increased agricultural purchases and structural change to intellectual property and technology issues. The official PMI survey typically polls a large proportion of big businesses and state-owned enterprises. Results of a private manufacturing PMI survey by Markit/Caixin — which features a bigger mix of small- and medium-sized firms — will be released on Thursday.
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