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Caixin China PMI: overall, some good news

China's economy grew last month, according to a closely-monitored PMI series - which indicated growth for the first time in four months.

The Caixin-sponsored composite PMI for November came in at 50.5, the first time it had broken through the 50-mark separating contraction from expansion since July.

It had hit a record low of 48 in September, and was 49.9 in October.

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