China, manufacturing growth slows in April, hit by shaking (Reuters)

BEIJING (Reuters) - China manufacturing growth slowed in April, a survey showed Sunday, suggesting that the efforts of the Government clamp have weighed on the world's second economy heavier than expected.

The official purchasing managers for China indexes fell to 52.9 in April, 53.4, in March, well shy of forecasts of market for an increase of 54.0.

The investigation, which is designed to provide an overview of the conditions, in the vast China manufacturing sector was in large part to a separate PMI sponsored by HSBC published Friday clinging close a minimum of seven months to 51.8 in April.

With inflation running at faster than sound in nearly three years, China has taken a series of measures to control prices, raising rates of interest and of required Bank reserves many times, ordering banks lend less and accelerate the pace of the appreciation of the currency.

On the positive side of the ledger, the official PMI showed that these measures have hit at least partly the brand. A subindexes, measuring the price of entry fell to 66.2 in April, a minimum of seven months, from 68.3 in March.

But the inquiry also flashed worrying signals for the global economy, which has become increasingly reliant on Chinese demand as a source of growth in Europe, the United States and the Japan still struggling to recover from the financial crisis.

"Overall, the PMI shows that there is always a possibility that the Chinese economy may slow, especially in fall of demand leads to adjustments in inventories, increase the possibility of slower economic growth," said Zhang Liquna researcher at the Government.

The new subindexes orders weakened to a minimum of eight months of 53.8 in April of 55.2 in March. Much of this decline is due to slower growth in the orders export, including subindexes dipped 52.5 51.3.

Zhang "autumn can show that the growth of exports will continue to slow down," said in a commentary for the Federation of China logistics and purchase, which compiles the official PMI.

GROWTH REMAINS ROBUST

Despite tightening sustained campaign of Beijing on half of the year, economists surveyed by Reuters are still waiting for China's economy to grow at a nearly double-digit pace this year. They forecast that emerges from 9.5% in 2011 after the expansion of 10.3% last year.

To the extent of this robust impulse, it was the 26th straight month that had resisted the official PMI above the threshold of 50 which isolates them the expansion of the contraction.

The World Bank said Thursday it was too early for China to stop its tightening policy as it raised his average inflation years in a quarterly journal of economics.

Stubborn price pressures have fueled talk of market that Beijing could let the yuan amounted to a clip more rapid, or even take more stringent measures by pushing through a large revaluation.

The Government has in the past consistently excluded a one-time revaluation, saying: there is no reason for any major change in exchange rate policy. But he showed his appetite for a progressively stronger yuan in recent weeks by it directors in a succession of Records against a sluggish dollar.

Investors are in custody for the next round of monetary tightening Chinese. The Central Bank has raised rates four times since October and economists surveyed by Reuters expect another increase in the next two months.