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No sign of pick-up in China's April PMI

Numbers remain flat despite central bank loosening monetary policy; analysts anticipate more easing measures

Published Fri, May 1, 2015 · 09:50 PM

Beijing

CHINA'S manufacturing sector showed no sign of picking up last month, official PMI figures showed on Sunday despite recent loosening of monetary policy by the central bank.

Even after a recent string of measures to support the property sector and credit conditions, analysts are expecting more intervention by the government in the coming months.

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