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China, France drag on global manufacturing revival

According to Reuters, European manufacturers enjoyed a solid start to the year as order books swelled, but slower growth in the Chinese and U.S. goods-producing sectors raised some worries about global growth. Euro zone factories had their best month since mid-2011 and increased jobs for the first time in two years - a welcome sign for a region where unemployment remained at record highs. But recent data showed growth in China&;s manufacturing sector slowed to a six-month low, while its service sector grew at its slowest pace in five years.