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China’s PMI Drop Adds to Concerns over Global Recession

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Nov. 25 – The HSBC flash purchasing managers’ index (PMI) – the preliminary readout of China’s industrial activity – fell sharply this month to 48 from October’s 51, reflecting signs of a domestic economic slowdown. The contraction of China’s manufacturing sector has further unnerved investors who are already fearful of an expanding global recession amid […]

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