China's huge manufacturing engine stuttered in the early part of 2014 while a return to growth in French business activity this month suggested a solid, broad-based recovery was taking shape in the euro zone, surveys showed. Weaker-than-expected readings from China pointed to a contraction in the first three months of the year and will raise market expectations of government stimulus to arrest a loss of momentum in the world's second-largest economy. "It tells you something about the extent to which market concerns about a slowdown in China are justified," said Peter Dixon at Commerzbank. "In the euro zone, the economy is bowling along at a reasonable pace."
via Business News - Yahoo Finance http://ift.tt/1jm5WzV
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