China Manufacturing Deteriorates Modestly, Demand "Weaker than Expected"

Both output and new orders decline for the first time since July 2013 Payroll numbers are cut at fastest rate since March 2009 Solid reduction of output charges Chinese manufacturers signalled reductions of both output and new business in February, leading to a moderate deterioration of overall operating con ditions. As a result, firms cut their staffing levels again in February and at the quickest pace in nearly five years

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China Manufacturing Deteriorates Modestly, Demand "Weaker than Expected"