CHINA DATA: Chinese business conditions improved again in November but growth
remains slight and confidence is far from solid, the results of the MNI China
Business Sentiment Indicator suggest. The overall current business conditions
indicator was in expansion for the third consecutive month. It hit 53.78 in
November from 51.86 in October and 51.35 in September. The final result was up
from 53.57 in the flash indicator a week ago. The current conditions index was
higher in November than it has been since May of this year, when it was at
54.40. On a seasonally adjusted basis, the overall current conditions indicator
hit 55.58 from 52.08 in October and was the highest for the seasonally adjusted
series since February this year.