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China PMI: It's Getting Worse...No Wait, It's Getting Better

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Chinese PMI data has sent conflicting signals as the private Caixin manufacturing PMI points to a moderate recovery (in line with our expectations) whereas the official NBS manufacturing PMI has hit the lowest level in 2½ years (see Charts 1 and 2 below).[​IMG]

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