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Global factories struggle as stimulus fails to spur

Reuters  |  LONDON/SYDNEY 

By Jonathan Cable and Wayne ColeLONDON/SYDNEY (Reuters) - Massive monetary stimulus from Chinese and European central banks has done little to spur factory growth, moving a debate over more easing up the agenda and raising doubts over whether U.S. interest rates will rise this year.A crop of industry surveys out on Monday pointed to October as another subdued month. Activity in China's colossal factory sector shrank as global demand stuttered while euro zone factories again resorted to slashing prices to drum up trade."We do think there is more easing to come in China. They are in the midst ...

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First Published: Mon, November 02 2015. 19:46 IST
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