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HSBC PMI: China manufacturing shrank this month

The Chinese manufacturing engine contracted this month, breaking a six-month streak of gains, according to a private measure.

HSBC said its "flash" estimate of China's manufacturing sector produced a reading of 49.5 in December, falling from 50.0 last month. Economists were anticipating a score of 49.8.

The last time the index said the manufacturing sector was shrinking was in May.

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