Salient to Investors:
China’s “new normal” of slower but better growth is a battle for survival for many businesses.
The HSBC/Markit PMI shows that factories have cut jobs for 20 consecutive months, May seeing the biggest cuts since the global financial crisis.
Read the full article at http://www.wsj.com/articles/for-many-firms-chinas-new-normal-spells-doom-1437355230
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