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Published on Monday, January 31, 2011

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China: January PMI foreshadows a soft landing in the Year of the Rabbit

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Summary

The January Purchasing Managersâ€™ Index (PMI) came out lower than expected, at 52.9% (consensus: 53.5%; BBVA: 54.0%), a second straight month of decline but still firmly in the expansion zone (+50).

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