China manufacturing data urges further easing

Note: This section contains information in English only.
Source: Bloomberg
China's purchasing mangers index indicates, country's production may decline for a third consecutive month. The preliminary figure estimated by HSBC Holdings & Markit Economics has climbed from 48.7 in December to 48.8 in January. Although the reading is a three-month record high, it still fluctuates below 50, indicating contraction in production. Hang Seng Index cooled on the announcement. 
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