Monexnews-Australia Dollar slipped versus the u.s. currency following a report indicating the slowdown of China's manufacturing expansion. China's manufacturing index dropped to 50.1 in the past month from 50,4 in January, according to the National Bureau of Statistics and the China Federation of Logistics Purchasing & in Beijing.
A similar index released by HSBC Holdings Plc and Markit Economics also showed a decrease to 50,4 in February from the previous month 52,3. Until now, China is still the largest trading partner of Australia. (vid)
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Title Post: China's Data Disappoint Aussie
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Rating: 100% based on 99998 ratings. 5 user reviews.
Author: Unknown
Thank you for your coming
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