Why An Unexpected Contraction In Chinese Manufacturing Is A Problem - Presented by: The Aol. On Network

Chinese manufacturing unexpectedly contracted in May for the first time in seven months. On Thursday, HSBC Corp. said the preliminary version of its monthly purchasing managers index fell to a seven-month low of 49.6 from April's 50.4. Numbers below 50 show a contraction.  U.S. manufacturing grew at its slowest pace since October. The  Markit "flash" U.S. Manufacturing Purchasing Managers Index fell to a seven-month low of 51.9 in May from 52.1 in April. Markit's flash  Eurozone Composit



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