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Chinese business sentiment worsened in March

Business sentiment in China is suffering, buffeted by deflationary pressures and rising labour and regulation costs.

The MNI China Business Indicator fell for the third straight month to 52.2 in March from 52.8 in February, though a figure above 50 still indicates optimism. However, this marks the lowest level since October.

The survey from MNI, a part of Deutsche Börse Group, is taken from 200 companies listed on the Shanghai and Shenzhen stock exchanges.

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