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China's HSBC Flash PMI for February falls to 50.4 from 52.3 previously and against expectations...

China's HSBC Flash PMI for February falls to 50.4 from 52.3 previously and against expectations for 52.2. "Despite the moderation ... the Chinese economy is still on track for a gradual recovery," says HSBC's Hongbin Qu. Shanghai gained 0.5% overnight following big losses last week. FXI +0.8% premarket.
Comments (2)
  • And when it dips below 50, will panic break out? Stock markets are due for a correction.
    25 Feb 2013, 09:15 AM Reply Like
  • Bouncing along a bottom.
    25 Feb 2013, 11:36 AM Reply Like
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