China December Factory Activity Edges Up Ahead of Economic Headwinds

China December Factory Activity Edges Up Ahead of Economic Headwinds
Employees wearing face masks work at a factory of the component maker SMC in Beijing on May 13, 2020. Thomas Peter/Reuters
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BEIJING—China’s factory activity unexpectedly accelerated in December, but only by a slim margin, an official survey on Friday showed, with analysts foreseeing more economic headwinds in the near term and policymakers being pressured to offer support measures.

The official manufacturing Purchasing Managers’ Index (PMI) rose to 50.3 from 50.1 in November, data from the National Bureau of Statistics (NBS) showed.