Chinese PMI dips more in March

Note: This section contains information in English only.
Source: RTT News
Manufacturing sector in China declined in March falling further into contraction and reaching the weakest level in eight months, the latest report released by the HSBC and Markit Economics showed on Monday. According to the report, the Chinese purchasing managers' index for manufacturing sector slipped from 48.5 in February to a level of 48.1 in the following month.

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Mon, 24 Mar 2014 08:51:04 GMT

Singapore's inflation slows down in February

Consumer price inflation in Singapore weakened in February falling for the third consecutive month and at a faster pace than economists initially expected, the latest data published by the statistical office and the Monetary Authority of Singapore unveiled on Monday. The country's consumer price inflation fell from 1.4% recorded in January to 0.4% in the following month.

Mon, 24 Mar 2014 07:58:05 GMT

China's Vice Premier affirms steps to liberalize market system

The world's second largest economy announced on Sunday that it will in the near future introduce market-base exchange rate for China's Yuan together with market-base interest rate in order to have a competitive and modern market system. The China's Vice Premier Gaoli Zhang affirmed above mentioned steps and promised to introduce them within two years.

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