China slow-down may have hit bottom - leatherbiz: Leading news site fo Leatherbiz

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China slow-down may have hit bottom

12/06/2014
Recent statistics from the Chinese business sector show that the recent slow-down in manufacturing growth in the country may have reached the bottom.

The official Purchasing Managers’ Index for China rose to 50.8 in May from 50.4 in April. Any number above 50 suggests expansion. The reading for May is the best this year and is above expectations.



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