Caixin China Dec PMI jumps to 4-year high - RTRS

Reuters providing fresh insights on the Chinese manufacturing sector activity, after the latest Caixin PMI data showed a solid improvement in the Chinese factories.

Key Points:

China's factory activity picked up more than expected in December

Demand accelerated

Output reaching a near six-year high

Giving the manufacturing sector a solid boost heading into 2017

The index has been slowly building momentum thanks to a lending and construction boom

Order growth was fuelled by stronger domestic demand

New export orders remained sluggish