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China Flash: China’s August manufacturing PMI disappoints, adding to downside risks and raising expectations of more policy easing

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Published on Sunday, September 2, 2012

China Flash: China’s August manufacturing PMI disappoints, adding to downside risks and raising expectations of more policy easing

China’s official NBS Manufacturing Purchasing Managers Index (PMI), released on September 1, declined to a weaker-than-expected 49.2% (BBVA: 49.6%; Consensus: 50.0%), from 50.1% in July.