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

|By:, SA News Editor

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%.