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MNI: *** Bad numbers out of China trigger light......>

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MNI: *** Bad numbers out of China trigger light risk-off flows, some payback was
expected after March's strong industrial production data, but big misses were
noted in both industrial production & retail sales. China's NBS said it will
implement counter-cyclical adjustments to maintain steady, healthy economic
development.
- Conversely, it is also worth highlighting the downtick in the Chinese
unemployment rate to 5.0% from 5.2%, representing a further pullback from the
5.3% seen in February.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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