China's manufacturing activity expands but reveals fragility of recovery
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Beijing
CHINA'S manufacturing sector is still struggling even though it expanded in April, two surveys showed, as the world's second-largest economy continues to find a solution to its trade war with the US and still faces tepid global demand.
After an upbeat month in March, the Purchasing Managers' Index (PMI) disappointed on the downside missing analysts' estimations which had expected a further rise of manufacturing sentiment in April.
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