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China PMI Not That Rosy, Rate Cut on the Cards: Nomura

April 02, 2012

Markets may be taking the latest manufacturing data from China positively, but one economist warns that the data point to further weakness in the economy, which could prompt authorities cut interest rates despite signs of inflation creeping higher.

Source: http://www.cnbc.com/id/46921987?__source=RSS*tag*&par=RSS
 
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