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Output shrinks
CHINA'S manufacturing contracted for a sixth month last month as the global recession sent growth sliding in Asia's export-driven economies.
The CLSA China Purchasing Managers' Index rose to a seasonally adjusted 42.2 from 41.2 in December, CLSA Asia-Pacific Markets said yesterday. A reading below 50 reflects a contraction.
The CLSA China Purchasing Managers' Index rose to a seasonally adjusted 42.2 from 41.2 in December, CLSA Asia-Pacific Markets said yesterday. A reading below 50 reflects a contraction.
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