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China Factory Gauge Firms as Stimulus Stabilizes Economy

  • April manufacturing PMI at 50.1, non-manufacturing PMI at 53.5
  • `This is a managed stabilization,' says Commerzbank's Zhou

German Businesses Assess China PMI Closely

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China’s official factory gauge showed the nation’s economic rebound stabilized in April as a property recovery and credit surge helped to revive the nation’s old growth engines.