China's manufacturing keeps growing but at a slower pace

SHANGHAI, CHINA - NOVEMBER 07:  Giles Morgan, ...                        
China's manufacturing output and orders increased this month but at the lowest rate in three months, according to the HSBC China manufacturing purchasing managers' index. The benchmark's reading rose from 55.3 in November to 54.4 in December, indicating that the nation's factories are still expanding their activity but with diminishing momentum. Full story here