A Chinese manufacturing gauge slipped to a four-month low in December, underscoring challenges for President Xi Jinping as he tries to sustain economic momentum while rolling out reforms.
The Purchasing Managers’ Index was at 51, the National Bureau of Statistics and China’s logistics federation said yesterday in Beijing. That was less than the median 51.2 estimate in a Bloomberg News survey of 29 economists and November’s 51.4. A separate manufacturing index is due to be released today by HSBC Holdings Plc and Markit Economics.
