China's January official factory PMI at 50.0, as expected
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BEIJING (Reuters) - Factory activity in China stalled in January, with an outbreak of a new virus adding to risks facing the economy despite easing trade tensions. The Purchasing Managers' Index (PMI) fell to 50.0 in January from 50.2 in December, China's National Bureau of Statistics said on Friday, hitting the neutral 50-point mark that separates growth from contraction on a monthly basis.Analysts polled by Reuters had expected the January headline reading to come in at 50.0.More than 200..