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The private sector in Hong Kong continued to contract in March, and at a faster rate, the latest survey from Nikkei revealed on Wednesday with a PMI score of 48.0.
That's down from 48.4 in February, and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output, new orders and employment all declined at a faster rate.
Export orders were up, but Chinese demand remained weak and business sentiment continued to be negative.
