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November 23, 2012 at 12:35 PM EST
China Watch: Is Apple in Danger With Growth of Low-End Smartphone Market?
MINYANVILLE ORIGINAL Is the worst over for China’s economy? The HSBC Flash Manufacturing Index (PMI) which measures manufacturing activity jumped to a 13-month high of 50.4 in November.  This was the first time the reading topped 50 in 13 months which means that manufacturing activity expanded in November after more than a year of contration.   "I think this confirms that momentum is continuing to pick up as we go into the fourth quarter and that the selective easing by the Chinese authorities is now having a greater impact ” said JPMorgan Asset Management global market strategist Geoff Lewis. ...
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