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As China's August PMI falls further, analysts expect more support
Published Tue, Sep 1, 2015 · 09:50 PM
Beijing
CHINA's two purchasing managers' indices (PMI) continued to contract in August, in yet another sign that the world's second largest economy is slowing, despite Beijing's efforts to shore it up.
The official PMI published by the National Bureau of Statistics fell to 49.7 last month, in line with economists' projections; it was the worst reading since August 2012.
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