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China Daily Website

HSBC China PMI rises on solid domestic demand

Updated: 2013-04-02 11:24

Apart from China's official PMI reading, HSBC also released its own March PMI figure showing a rise in factory activity to 51.7 last month from 50.4 in February.

HSBC says strong domestic demand contributed to a large part in March's PMI jump, despite weak export demand from the US and Europe.