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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