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China February PMI falls to 4-year low, employment hit
Central bank cuts requirement ratio rates by 50 basis points to support slowing economy
Add BT as a preferred sourcePublished Tue, Mar 1, 2016 · 09:50 PM
Beijing
CHINA's Purchasing Managers' Index (PMI) fell to its lowest point in four years in February, adding further pressure on the government to loosen monetary policies and support growth.
The official PMI dropped to 49.0 last month, its seventh monthly decline.
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