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China's April manufacturing PMI at six-month low

Demand weakens as producer price inflation cools and authorities tackle property, financial risks

China's producer price inflation cooled for the first time in seven months in March as iron ore and coal prices tumbled, while property sales growth slowed in the first quarter despite robust property investment.


GROWTH in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers' efforts to reduce financial risks in the economy weighed on demand.

The National Bureau of Statistics'...

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