Chinese manufacturing extends downfall

Source: Market Watch
© FP
The Chinese Caixin manufacturing PMI showed a 0.3 point drop from the month before at 49.4 points, continuing the recessive trend that has pushed the measure in negative territory for the 14th consecutive month. The indicator was 0.4 points short of investors' expectations and it is thought that the economy is still in need for a solid recovery foundation.
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Tue, 03 May 2016 12:14:04 GMT

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