 China Caixin PMI Manufacturing fell from 49.4 to 49.0 in December, below expectation of 49.3. Caixin added that production declined further albeit at a slower rate. Steeper fall was seen in new orders. But business confidence improved to 10-month high. Wang Zhe, Senior Economist at Caixin Insight Group said: Covid outbreaks rapidly spread across China ... The post China Caixin PMI manufacturing fell to 49.0, infections expected to explode in short term appeared first on Action Forex... 