China's December factory activity growth misses expectations as experts decry insufficient stimulus

China’s factory activity growth in December fell short of analysts’ expectations, with the official purchasing managers’ index coming in at 50.1, missing Reuters’ forecast of 50.3. Non-manufacturing PMI rose to 52.2 in December, but recent economic data indicates ongoing challenges such as disinflation, tepid consumer demand, and a downturn in the property market, prompting China to implement fiscal stimulus measures to support economic growth in the face of potential trade challenges under the new U.S. administration.

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