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China's March PMI hits 11-month low

Reading of 49.2 adds to signs that economy has lost momentum despite two interest rate cuts since Nov

Beijing

ACTIVITY in China's factory sector dipped to an 11-month low in March as new orders shrank, a private survey showed, signalling persistent weakness in the world's second-largest economy that will likely fuel calls for more policy easing to support growth.

The poor reading...

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