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Unambiguous slowdown in China's manufacturing [ClearOnMoney]
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Unambiguous slowdown in China's manufacturing

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Commentary

Unambiguous slowdown in China's manufacturing

1 Dec 2011 by Jim Fickett.

Both HSBC and the government have now reported the purchasing manager's index for November. For the last few months the data have been worrying but ambiguous. No longer. Manufacturing was definitely slowing in November:

No doubt the rulers already knew this yesterday when they decreed looser monetary policy. Since inflation is still rather high, the balancing act is becoming more interesting.