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The PMI was below 50, which is a psychologically important level and puts into real focus the fact that China is contracting, with the weak data coming out, Purchasing Managers ''re going to see the negative sentiment from the last few weeks continuing.

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    Who said, “Hope is the power of being cheerful in circumstances that we know to be desperate.”
    A Desmond Tutu
    B G.K. Chesterton
    C C.S. Lewis
    D Christopher Reeve