China's official manufacturing PMI slipped to 50.1 in December from 50.3 in November, as a property slump continues to have a knock-on effect on manufacturers in many industries, from construction machinery to furniture. With the soft figures, many analysts expect Chinese GDP in Q4 to slow only marginally from 7.3% in Q3, meaning full-year growth will undershoot the government's 7.5% target and mark the weakest expansion in 24 years.
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