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China Manufacturing Data Shows Risk of Deeper Slowdown: Economy

China’s manufacturing may shrink for a fourth month in February, indicating the world’s second- biggest economy remains vulnerable to a deeper slowdown as Europe’s crisis caps exports and the housing market cools.

The preliminary 49.7 reading of an index from HSBC Holdings Plc and Markit Economics today compared with a final 48.8 in January.

Source: Bloomberg

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