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Daily Flash | Asia | 22 March 2012: weak flash PMI estimate in China; Japan posts first trade surplus in five months and the yen strengthens

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Published on Wednesday, March 21, 2012

Daily Flash | Asia | 22 March 2012: weak flash PMI estimate in China; Japan posts first trade surplus in five months and the yen strengthens

Sentiment was down following the release of the HSBC flash estimate of March PMI in China which suggests a further slowdown while markets in India closed sharply lower on weak European PMI data.