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Chinese business sentiment in doldrums during April

Pessimists outnumber optimists in businesses across the world's second largest economy, according to the latest survey examining sentiment in Chinese companies.

The MNI China Business Indicator fell for a fourth straight month to 48.8 in April from 52.2 in March, falling short of the 50 threshold that indicates optimists outnumber pessimists.

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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