ECONOMICS COMMENTARY
Mar 24, 2014
Chinese factories report steepening downturn in March
Business conditions in China's manufacturing economy deteriorated at the fastest rate since last July in March, according to the flash PMI produced by Markit for HSBC. The deterioration points to a slowdown in GDP growth in the first quarter and raises the spectre of the economy failing to meet the government's 7.5% growth target in 2014.
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