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PMI in services area reached 56.3 points in August

Chinese Manufacturing PMI below expectations…

PMI, indicating the economic situation in China’s manufacturing sector stood at 49.2 August 2012 to 50.1 points at the end of July – the calculations are given in the statistical office and the Federation of Logistics
Analysts estimated that the index would be 50.0 points.
PMI for China’s services sector was in August 2012 56.3 points to 55.6 points at the end of July

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