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China's Economy Gives Little Sign of Slowdown as PMIs Hold Up 

April 30, 2018

Bloomberg News

"China’s economy is giving little sign that a slowdown is approaching, with services strengthening and manufacturing remaining robust.

The official manufacturing purchasing managers index stood at 51.4 in April versus the 51.3 estimate in a Bloomberg survey and 51.5 last month. The non-manufacturing PMI, covering services and construction, rose to 54.8, the statistics bureau said Monday, beating estimates. Levels above 50 indicate improvement."

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