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Tuesday, 23 April 2013

China’s manufacturing growth slows: HSBC

China’s manufacturing activity lost some of its dynamism in April, a new survey from HSBC has indicated, adding to concerns about the recovery of the world’s second-largest economy.


The HSBC Flash China Manufacturing Purchasing Managers’ Index (PMI) slowed to a two-month low of 50.5 in April, according to figures released by HSBC on Tuesday.


The bank’s preliminary reading for April faltered from March’s final index of 51.6.


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English.news.cn via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/qC7ebqE3amI/

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