Stalling European factories and slowing China leave world economy looking to America | www.bullfax.com
LONDON/BEIJING (Reuters) - European manufacturing appeared no closer to recovery last month while growth in Asia cooled, according to business surveys and trade data on Friday that pointed to ongoing weakness in global demand. Purchasing managers' reports from the United States due later, however, are expected to show growth picking up in the world's largest economy, after a weak fourth quarter. In China, factory growth slowed to multi-month lows. Sluggish domestic demand added pressure to already depressed foreign sales, two separate purchasing manager indexes (PMI) showed. ... - See more at: http://www.bullfax.com/?q=node-stalling-european-factories-and-slowing-china-leave-wor#.dpuf
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