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China manufacturing weakens in April: survey
Published Tue, May 3, 2016 · 09:50 PM
Beijing
CHINESE factory activity weakened further in April, a private survey indicated on Tuesday, as muted demand and market weakness hit the struggling export-oriented sector.
The Purchasing Managers' Index by Caixin, which tracks activity in the country's factories and workshops, fell to 49.4 for April, a 0.3-point drop from the month before and the 14th consecutive month of decline.
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