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China's April PMI declines amid deflation worries
China's factory activity contracted at its fastest pace in a year in April, a private survey showed, suggesting that economic conditions are still deteriorating despite increasingly aggressive policy easing by the central bank.
The flash HSBC/Markit Purchasing Managers'
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- HSBC/Markit Purchasing Managers’ Index (PMI)
- factory activity
- central bank
- interest rates
- policy easing