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Both China PMIs indicate stagnation in February [ClearOnMoney]

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Commentary

Both China PMIs indicate stagnation in February

1 Mar 2013 by Jim Fickett.

Today both the government and the HSBC PMIs were released. Both came in at about 50 (50.1 and 50.4), the dividing line between growth and shrinkage. It would seem that China, as well as many other countries, might be seeing a case of stimulus exhaustion.

(See the Reference page China PMI for sources and background.)