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China figures point to economy slowing down

CNY shutdowns and backdrop of reforms show trending down of fiscal indicators
Tuesday, February 4, 2014 - 06:00

CHINA'S official services sector Purchasing Managers Index (PMI) fell to a five-month low in January, confirming the world's second-largest economy is slowing as the government continues to implement its reform plans. China's non-manufacturing purchasing managers index PMI fell 1.2 points to 53.