China’s PMI Softened To 50.1 In April

china copyChina's official manufacturing Purchasing Managers' Index (PMI) edged down to 50.1 in April from 50.2 in March, slightly lower than market consensus of 50.3. New orders and production eased in April after a strong rebound in March from previous months, while other sub-indices also softened. The softer PMI reading in April might be a tell-tale […]

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Read the original article: China Money Network