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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...

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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