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Here Comes HSBC China PMI...

Mamta Badkar   

Here Comes HSBC China PMI...

Chinese manufacturing

REUTERS/Sheng Li

HSBC China PMI for November is out at 8:45 p.m. ET.

Economists polled by Bloomberg are looking for a reading of 50.5, down from a reading of 50.9 the previous month.

A reading below 50 shows that the manufacturing sector is contracting.

We got the official number yesterday, and that showed Chinese manufacturing hold steady at 51.4.

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