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September 3, 2012

Global crisis moves East as China suffers rapid downturn

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"It just keeps getting worse," said Alistair Thornton and Xianfang Ren from IHS Global Insight. "The government has underestimated the pace of the slowdown and is behind the curve." The HSBC/Markit manufacturing index for China fell to 47.6 in August, the lowest since the onset of Great Recession... FF News: Fundamental

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