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China's economy remained stable in March PDF Print E-mail

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Wednesday, 31 March 2010

China's PMI index was 55.1% in March, 3.1% higher than in February, indicating China's economy remained stable.   The index was released by China Federation of Logistics and Purchasing on April 1.

As can be seen from the chart below, China's PMI has been remaining above 50%, indicating economic expansion, for many months now.  Even though the index dropped significantly in February, it seemed that was just an exception.

(Click to enlarge)

PMI_1003

 
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