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Asia Daily Flash | 5 March 2013: China released 2013 macro targets; RBA kept rates unchanged; India service PMI fell

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Published on Tuesday, March 5, 2013

Asia Daily Flash | 5 March 2013: China released 2013 macro targets; RBA kept rates unchanged; India service PMI fell

China released official 2013 macro targets which helped reverse market sentiment after yesterday’s sharp equity decline. Shanghai Composite was up by 2.3% followed by India (1.4%) and Australia (1.3%)