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Chinese factory activity falters 
China’s factory output falters A new survey of Chinese manufacturing seems to show the country’s economy is on the road to recovery helped by massive government fiscal and monetary stimulus.
The Purchasing Managers’ Index, which is based on the responses of industry executives, is indicating expansion for the first time since July 2008. Economists noted improvements across the board including output, new orders and jobs.More about: China, IndustryCopyright © 2012 euronews
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