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China manufacturing business activity improves slightly in April

Xinhua, May 1, 2015 Adjust font size:

Chinese manufacturing business activity continued improving in April, with an important index remaining in expansion territory, official data showed on Friday.

The manufacturing purchasing managers' index (PMI), a key measure of factory activity in China, posted at 50.1 in April, unchanged from 50.1 in March and up from 49.9 for February, according to data compiled by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

A reading above 50 indicates expansion, while a reading below 50 represents contraction. Endi