Reuters: Business News: China HSBC PMI slips to nine-month low of 48.2 in June

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China HSBC PMI slips to nine-month low of 48.2 in June Jul 1st 2013, 02:01 BEIJING (Reuters) - China's factory activity shrank for a second straight month in June and reached its lowest in nine months as new orders fell despite price cuts by producers, a private survey showed on Monday, reinforcing signs of economic slowdown in the second quarter.

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