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The HSBC China PMI for April falls to 51.1, the slowest pace in 10 months. "There is no need to...

  • Monday, May 23, 2011, 7:31 AM ET
    The HSBC China PMI for April falls to 51.1, the slowest pace in 10 months. "There is no need to worry about a hard landing," say the bank's analysts, although admitting price stability has  taken over from growth as policymakers' key focus. Chinese shares are slammed, -2.9%.
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