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HSBC PMI in June continues to fall
By Ye Zhen |
July 2, 2012, Monday
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Online Edition
Online Edition
HSBC'S China Purchasing Managers' Index, a gauge of manufacturing activity slanted more towards private and export-oriented firms, fell in June to 48.2, compared with 48.4 in May, HSBC Holdings PLC announced today. A reading of 50 or higher generally indicates that activity is expanding.
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