(MENAFN) Data showed that China's growth engine ended flat in 2014 as massive factory sector slowed in December, although ebbing price pressures also offered scope for more policy stimulus, Arab News reported.
China's official Purchasing Managers' Index (PMI) slipped to 50.1 in December from November's 50.3, its lowest level of the year and just above the 50-point level that is supposed to separate growth from contraction.
"With no inflation pressure, we expect more policy easing in the first quarter, including a 50 basis-point cut in the bank reserve requirement ratio, to shore up domestic demand," analysts at Nomura said.
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