China factory sector dropped sharply



China factory sector dropped sharply
Mar 24.2015 



The Chinese Purchasing Managers' Index (PMI) fell to an 11-month low toward 49.2 during the month of March, down from Feb reading of 50.7 and lower than market expectations 50.6. The mentioned data showed the weakness in the world's second-largest economy that will likely increase demand for more policy easing to support the economic growth in China. The Asian stocks fell after the disappointing PMI report on Tuesday

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