Purchasing Managers' Index PMI: National Bureau of Statistics

National Bureau of Statistics: The official Purchasing Managers' Index PMI , published by the National Bureau of Statistics, dipped to 51.0 in December. Economists polled by had expected the PMI to ease to 51.2 from November's 51.4. The 50-point mark separates an expansion in activity from a contraction, according to Reuters. "Both domestic and overseas demand was weaker than expected. Domestically, tight liquidity is weighing on factory output and orders," said Li Heng, an economist at Minsheng Securities in Beijing and BEIJING - Growth in China's factories slowed slightly in December as export orders and output weakened, official data showed on Wednesday, adding to views that while the world's second-largest economy remains resilient, it lost some steam in late 2013. Many economists have said China's economy was likely to show weaker momentum in the final three months of 2013 after a rebound between July and September, due to slowing credit growth and a fall-off in restocking demand. (www.immigrantscanada.com). As reported in the news.